Joe Pompeo of The Business Insider reports Thursday afternoon that there is a rumored shakeup about to occur at business magazine Forbes.
Pompeo writes, “We’ve been hearing from insiders that there are rumors of another potential shake-up at the magazine — that more layoffs are coming, this time including editors and not just the rank-and-file.
“This comes as many Forbes staffers move buildings this week—many for the second time in about a year—a few blocks down Fifth Avenue, back to the old Forbes Magazine building at 60 Fifth Ave. (In January, the NY Post’s Keith Kelly reported the move was planned; it has been going on this week.)
“Forbes, whose ad pages dropped more than 30% in 2009, has had two rounds of layoffs in the past year as it combined magazine and web staffs — one last April, and another in October.
“A few weeks ago, we reported that Forbes had recently hired back six previously laid-off staff writers as freelancers, and was making them file more copy than ever.”
