A number of different stories online have details of the editorial layoffs occurring at Forbes magazine.
“But most of the pink slips handed out so far have been distributed toward the lower end of the masthead — the ‘worker bees,’ as one source puts it — although that could change as the day wears on.”
Later, Bercovici reports, “The Los Angeles bureau is shutting down, and bureau manager Scott Woolley is among those departing. No decision has yet been made on whether the London office will remain. The Tokyo bureau is definitely sticking around.”
Ryan Tate of Valleywag reports, “Among the victims: Klaus Kneale, nephew of CNBCer Dennis Kneale, and Lauren Sherman, girlfriend of Silicon Alley Insider’s Dan Frommer. We’re told the layoffs are hitting both the magazine and print Web sides of the publication — and that they’re not yet done. Still, we’re told the growing list of names is long enough to soon meet expectations of 40-60 layoffs.”
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