Smart Money announces casualties: It’s saying adios to print editions. As for the good news? It’s focusing on bolstering its online presence.

Back to the bad news: Layoffs are imminent. According to WWD.com, Erik Maza writes, “The print edition’s 25 staffers, including editor-in-chief Jonathan Dahl, will be let go. All would have been to reapply for open positions at smartmoney.com, which will add nine digital positions or within Dow Jones.”