Shakeup at Canadian Business magazine

Marco Ursi of Masthead magazine in Canada reports that six staffers of Canadian Business, as well as the founding editor in chief of MoneySense, all lost their jobs on Thursday.

Ursi writes, “Sources within Rogers Publishing Inc. told Masthead that executive editor Scott Steele, features editor Andy Holloway, staff writers Sharda Prashad and Jeff Sanford, online managing editor Greg Enright, and photo researcher David Lee were all let go by CB, while Ian McGugan is no longer with MoneySense, a magazine he helped launched in 1999. The magazines are ‘strategically shifting focus,’ Khanna said. ‘Effectively all the positions will be replaced.’

“Suneel Khanna, senior director of communications at Rogers Publishing, confirmed that seven editorial jobs were lost.

“The shake-up follows the recent appointments of Ken Whyte and Steve Maich as publisher and editor-in-chief, respectively, and would seem to echo the drastic changes Whyte made at Maclean’s when he took over there in 2005.”

Read more here.