Financial news organization TheStreet.com laid off 10 more editorial employees on Friday.
Chief Executive Officer David Callaway said that the move was due to the company’s planned shift toward more paid products in the future.
“This is a result of that,” said Callaway, who declined to state how many journalists left the company, or which ones. It’s the third time that TheStreet has had layoffs since October 2016.
Among those who were laid off are Sarah Solomon, a social media journalist for the site.
Solomon had been with the company for the past 18 months. She reported on more social media friendly topics such as retail and consumer-facing businesses. In addition, Solomon wrote scripts, produced shoots and appeared in videos and Facebook lives for the company.
Ross Kenneth Urken was also laid off.
A longtime personal finance editor, Urken had been with TheStreet almost five years.
He has been published in The New York Times, The Wall Street Journal, The Washington Post, New York, The Paris Review, The New Republic, The Atlantic, VICE, Tablet, Slate, TENNIS, Esquire, Sports Illustrated, National Geographic, ESPN, Bloomberg Businessweek, Bloomberg Pursuits, Forbes, Newsweek, Travel + Leisure, L’Uomo Vogue, Town & Country, and Nautilus.
He graduated from Princeton University with a degree in comparative literature and certificate in Russia. He is also at work on a book about Jamaica.
Leon Lazaroff, a deputy managing editor and senior writer, was also laid off.
He had been with the company for nearly five years. Before that, Lazaroff worked at Bloomberg News and at the Chicago Tribune, as well as with the Associated Press in Spain.
Writer Giovanni Bruno, who has been with TheStreet.com, was also laid off. Bruno was a writer and reporter covering finance, technology and current events. He’s a University of Dayton graduate.
“”I have no ill will towards TheStreet and am grateful they gave me the opportunity to launch my career,” said Bruno in an email to Talking Biz News.
Keris Alison Lahiff, a digital media reporter for TheStreet for the past four years, was also laid off.
Lahiff provided coverage of market-moving news for daily column and long-form features. She also did on-camera reports of breaking news and evergreen content.
Gabriel Kinder, executive producer for social media and video, was also laid off.
Kinder led a group of 10 professionals across two teams to produce daily and evergreen content published on the web and across social platforms. He also produced daily live video series with Jim Cramer and other reporters.