FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

Martha Stewart Living Omnimedia Cuts 40 Staffers

Martha Stewart Living Omnimedia has laid off 40 employees, FishbowlNY has learned. An anomymous tipster says the layoffs took place Friday and include “many top tier” publishing personnel at its New York-based headquarters.

Martha Stewart Living Omnimedia is broken into four divisions: publishing, Internet, broadcasting platforms, and merchandising.

The company was founded by the multi-faceted Martha Stewart in 1997, and went public on the New York Stock Exchange in 1999.

Update: A source familiar with the situation tells FishbowlNY that the number of personnel cuts is “far south” of 40.

Mediabistro Course

Middle Grade Novel Writing

Middle Grade Novel WritingStarting January 15, work with a literary agent to write your middle-grade novel! In this course, you'll learn how to develop strong characters, write compelling dialogue, master the art of revision, and market your work to publishing houses and agents. Register now!