Kiplinger, the personal finance operation sold earlier this year, has laid off 11 staffers as part of a reorganization, Talking Biz News has confirmed with a company spokeswoman.
The 11 positions eliminated include writing/editing, administrative, copy editing/fact-checking, and art department positions, which the spokeswoman said lessens the overall impact on any one group.
In addition, some departments, tasks, and beats are being consolidated, and some work streamlined to reduce duplication across different platforms.
A company statement said: “The new editorial structure and content strategy is intended to be faster, more-efficient, and more-responsive, and will leverage increased collaboration among the team of experienced and expert editors and writers across all our publications, digital and print. The changes made also allow Kiplinger to implement the planned restructuring effectively as a single strategic event.”
Dennis Publishing, which publishes The Week, acquired longtime family-run company Kiplinger Washington Editors Inc. for an undisclosed amount in February. Kiplinger’s Personal Finance boasts a monthly circulation of 6000,000.