Categories: OLD Media Moves

TheStreet.com trims some staff

TheStreet.com cut some of its editorial and professional staff on Monday, multiple sources confirmed to Talking Biz News.

Among those cut were former editor in chief Jeffrey Kanige, who had been running its custom media operation.

The moves come after the financial news website has added editorial staff.

Kanige became creative director of the company’s new custom media division, Blue Chip Content Studio, this past summer.

Kanige joined TheDeal, which is part of TheStreet, in 1999, and became editor in chief of both in September 2015.

Anthony Baldo, the managing editor of The Deal, was also let go. Over the course of his 27-year career, he has served as senior editor of Financial World magazine and editor of Corporate Finance, Mergers & Acquisitions Report and Treasury & Risk Management.

He has also spent time as a reporter at Forbes and The Jersey Journal.

Claire Poole, a senior writer based in Houston covering energy and utilities, was also cut.

Before joining The Deal in 2000, Poole worked as a reporter and staff writer at Forbes, was editor-in-chief of El Financiero International and Mexico Business and was a contributing editor at Latin Trade

Politics and commentary editor Jeremy Greenfield was also cut. He came to TheStreet in 2014 from Digital Book World, where he spent three years as editorial director. Previously, he was content leader at FINS, a Wall Street Journal careers site, where he conceived of one weekly and three daily newsletters.

Prior to FINS, Greenfield reported on the advertising and media industries at Media Industry Newsletter and other outlets.

Lisa Allen, a senior reporter covering out-of-court restructuring at The Deal, was also let go. Her beat included restructuring, debt financing, turnarounds and distressed investing.

Allen previously covered auctions at The Deal and has also worked as a textbook writer.

Other cuts include non-editorial employees and executives.

CEO David Callaway declined to comment, as did both Greenfield and Kanige. The others could not be reached.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.