Colarusso leaving Portfolio

Dan Colarusso, the former New York Post business editor who took over the running of business magazine Conde Nast Portfolio‘s Web site a year ago, will now be looking for a new job as he plans to leave Jan. 31, writes John Koblin of the New York Observer.

Koblin reports, “‘I’m going to be staying through January 31st to help a newly appointed Managing Editor to take over the site,’ Mr. Colarusso told Media Mob in an interview.

“Portfolio.com was recently gutted amid larger cuts at the magazine, and its staff of 45 has been whittled down to only a handful. Remaining players include Market Movers blogger Felix Salmon and Mixed Media blogger Jeff Bercovici.

“But Mr. Colarusso, who was offered a job to stay, won’t be hanging around the new skeleton site.”

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