Forbes is cutting back to 10 issues in 2018 as it sliced 20 more people from its payroll, reports Keith Kelly of the New York Post.
Kelly writes, “‘As we focus more on digital and mobile, beginning in 2018, we plan to adjust the annual frequency of Forbes magazine from 14 issues to 10,’ said a spokeswoman.
“‘These changes will shift even more investment to the impactful journalism and deep-dive investigative reporting that are the hallmarks of Forbes,’ she added.
“Among those hit by the latest round of layoffs were the vice president of information technology, Bryan Phil, and veteran photo director Michele Hadlow. Lewis D’Vorkin, who resigned as chief product officer to become the new editor-in-chief of the Los Angeles Times, has not been replaced.”
Read more here.