I just learnt the depressing news that Business Week cut 130 staffers in editorial. A friend who’s been with for them for years was among them. This person will be abruptly out of work on Dec. 1.
This all comes on the heels of BW’s parent company, McGraw Hill selling the magazine to Bloomberg for a mere $5 million last month.
What a bummer, BW has always been such a good mag to work for with some of the best photo editors and writers to work with in the business.
Reuters story about this that also includes AP layoffs:
2009-11-24 05:14:50 UTC