Jason Fell of Folio reports that Reed Business has cut more than three dozen jobs at some of its industry publications, including Broadcasting & Cable, Variety.com and Publishers Weekly.
Fell writes, “The positions that were eliminated include several editors, sales representatives and online staffers.
“In the letter, RBI indicated that more layoffs are possible.
“Between January 1 and June 2 of this year—prior to the latest cuts—an RBI spokesperson says 217 employees were either laid off or left on their own accord. During that time, the company hired 218 people. The spokesperson declined to comment further about the reorganization.
“In February, RBI’s parent company, London-based Reed Elsevier, announced its plans to divest the b-to-b division. Early estimates put the potential sale at about $2 billion.”
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