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Another Round of Layoffs at Forbes

Forbes+Logo.jpgAllThingsD is reporting that another round of layoffs is on the way at Forbes and more than 50 people will be let go from both the business and editorial side. You may recall the last two rounds of cuts — during which ForbesAuto.com was shuttered — were mainly the result of the web and print operations being consolidated. As Peter Kafka points out, however, there can’t be much reason for this week’s cuts “beyond the fact that the miserable economy has been especially rough on magazines in general and business titles specifically.”

Keith Kelly has the names of a number of people let go including: “Ronda Kass, an art director, and Kasia Moreno, an editorial director. On the dot-com side, Mitchell Martin, head of the breaking-news department, is out along with three of his reporters, Alex Davidson, Lisa LaMotta, and Ruthie Ackerman.” As well as Stewart Pinkerton, one of the five managing editors, whose retirement last week may have been encouraged.

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