David Carr of The New York Times reports Wednesday that the job cuts at Forbes may be as many as 40 editorial staffers.
Carr writes, “Depending on how you count, there are about 200 editorial employees at the magazine. And depending on who you talk to, at least 40 people could be cut, while one source who was not authorized to speak about the layoffs said the number could go as high as 60.
“‘You have to wonder how they are going to get the magazine out,’ the source said. ‘Who is going to do the physical work of putting together the issue?’
“Another employee, heading into work, not knowing if they were going to end the day with a job, described the atmosphere as akin to a ‘funeral parlor’ and said it was unclear how deep the cuts would go.”
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