March 1, 2009

Worth magazine lays off most of NY staff

Filed under: media,US — DF @ 2:55 pm
Tags: ,

According to Reuters, CNBC: “Worth, the luxury magazine that caters to high-rolling executives and wealthy people, cut its New York-based staff by 45 percent because of a sharp decline in advertising by financial firms.”

“The staff cuts at Worth, which included editorial as well as sales and marketing, reduced the New York-based headcount to 8 from 18.”

~News submitted by upthecreek

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