The slimming of Reader’s Digest Association (RDA) continues. The company cut 150 jobs — half in the United States, half internationally — as it keeps marching toward its goal of focusing on core brands.
According to Folio, a RDA spokesperson echoed the company line when discussing the job cuts. “In tandem, we are evaluating existing businesses which are not strategic and/or profitable, reducing our cost structure and identifying operating efficiencies,” said the spokesperson in an email.
When any company starts talking about “reducing,” it’s a bad sign for staffers. In other words, these cuts will likely be followed by more. The spokesperson didn’t deny that, saying, “As we continue to transform our company, we do expect that as a normal course of business, some positions will be eliminated and some new jobs will be created.”