With Variety now under the ownership of Penske Media, we figured changes (that means staff cuts) were on their way. Well, unfortunately, those moves are coming in March. According to Deadline, “editorial firings” are being planned.

Even those who survive the cuts won’t have much to cheer about. One staffer told Deadline that Variety has been in a perpetual state of chaos since Penske purchased it:

There is complete editorial disorganization from the top down. No one knows if Variety is supposed to be a breaking news organization, an analytical publication, or some as yet undetermined hybrid. Tim Gray keeps pontificating to editorial that things are going to change and Variety will go in a new direction. But nobody knows what that means. They’re totally demoralized.

Now that Variety is under the wing of Penske Media, the rumors about the paper’s future are swirling. According to The New York Post, the big news doesn’t concern the print side; insiders claim that Variety’s paywall will be taken down soon. Penske is also expected to expand the paper internationally.

Of course we know what you’re reading this for, you want to know who is getting axed. It’s perverse, but hey, we don’t judge. Here’s what  has been said so far: Neil Stiles and Tim Gray, Variety’s president and editor-in-chief, respectively, are both expected to get bounced. There’s a chance that Bonnie Fuller, current editor of Penske’s HollywoodLife.com, will replace Gray, but really, who knows?

Changes are definitely coming to Variety, so we’ll update as they do.