|Back to Home > Content > Departments > Revolving Door Newsletter: 11.04.08|
Revolving Door Newsletter: 11.04.08
Job Cuts Reach RodaleNovember 4, 2008
On Monday, Rodale joined the growing list of major media companies to lay off staff. In total, 111 employees -- roughly 10 percent of the company -- will be affected in an effort to "shift resources toward its highest growth potential activities." The announcement comes even though ad pages at the company's magazines fell only three percent in the first half of 2008. (Both Conde Nast, which almost killed Elegant Bride last week, and Time Inc. were down more than nine percent.)...