Hanley Wood, the D.C.-based B2B media company serving the real estate, residential design and construction sectors, laid off several employees last week and implemented salary reductions for others, multiple sources tell Folio:. A Hanley Wood rep declined to provide details, but confirmed the layoffs and pay cuts in a statement, pointing to the COVID-19 pandemic as the reason for the changes. “Due to impacts of COVID-19 on our business, we had to make the very difficult decision of implementing cost-cutting measures, including reducing our workforce and conducting salary reductions for some of our top earners," the spokesperson said. "This is a necessary step many businesses are facing during this uncertain economic climate.” A source in the company said the cuts impacted editorial, marketing and events staffers, but couldn't say how many people were let go altogether. Two other sources familiar with the situation both said 40 total employees were laid off. Among those let go was the longtime editor-in-chief of Architect magazine, Ned Cramer, who had been in that role since Hanley Wood first launched the publication in 2006. The cuts come a little over a year after private equity firm MidOcean Partners acquired Hanley Wood and merged it with housing industry data provider Meyers Research, a move that coincided with the departure of former Hanley Wood CEO Peter Goldstone. Since then, Meyers Research founder Jeff Meyers has been running the combined Hanley Wood/Meyers... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-05-19 13:43:21 UTC ]
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#multiple sources
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#difficult decision
#sources familiar
#longtime editor-in-chief
#b2b media
#ll update
#informa plc
The Grammy Awards averaged 24.95 million viewers on CBS, off slightly from last year's telecast, according to Nielsen. The TV audience for the ceremony held at the Staples Center, which featured performances by Taylor Swift, Lady Gaga, Adele and Kendrick Lamar, was 1.5% below the 25.3 million... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-02-17 00:00:00 UTC ]
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#slight decline
#tv audience
#ceremony held
#staples center
#taylor swift
#lady gaga
#kendrick lamar
Senior reviews editor Rose Fox recommends 'Borderline' by Mishell Baker, an urban fantasy novel featuring a protagonist who is entirely aware of her own mind’s distortions and doing her very best to keep in touch with reality. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-12 00:00:00 UTC ]
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#urban fantasy
Reviews editor Seth Satterlee recommends 'Islamism' by Tarek Osman, a fine primer on the rise of Islamism as a political movement. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
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Reviews editor Annie Coreno recommends 'The Newsstand' by Lele Saveri, Phil Aarons, and Ken Miller, which tells the story of a pop-up newsstand inside the Metropolitan/Lorimer subway station in Brooklyn. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-29 00:00:00 UTC ]
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Department heads, director-level staffers among those laid off as turbulence continues at the health and wellness publisher. The post Rodale Cuts 40 More Staffers appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-01-29 00:00:00 UTC ]
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#wellness publisher
Reviews editor Alex Crowley recommends 'Of Beards and Men' by Christopher Oldstone-Moore, a history following the patterns of social, political, and religious demands to be clean-shaven or hairy as hell. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-22 00:00:00 UTC ]
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World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian
[ The Guardian | 2016-01-21 00:00:00 UTC ]
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#profit warning
#cost savings
Following protests from writers and publishers, plans to cut £374,000 from the Welsh Book Council's budget have been axed. Continue reading at The Bookseller
[ The Bookseller | 2016-01-21 00:00:00 UTC ]
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90 staff to go as Postmedia deals with falling revenue by creating joint operationsCanada’s largest newspaper chain, Postmedia Network, is cutting 90 staff and merging newsrooms to cope with declining revenue and heavy indebtedness.In Vancouver, Calgary, Edmonton and Ottawa – cities where... Continue reading at The Guardian
[ The Guardian | 2016-01-20 00:00:00 UTC ]
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#falling revenue
#postmedia network
#merging newsrooms
#declining revenue
#daily papers
Facebook is lowering the price it costs advertisers to join Anthology, which matches brands and top publishers like Vice and Vox, which help create content for promotion in the news feed. Anthology had set the minimum advertising commitment at several million dollars, according to sources, but... Continue reading at Digiday
[ Digiday | 2016-01-18 00:00:00 UTC ]
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#cutting prices
#top publishers
#create content
#million dollars
#$1 million
Reviews editor Peter Cannon recommends 'The Annotated Alice,' edited originally by Martin Gardner, edited and expanded by Mark Burstein, a must for every Lewis Carroll fan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-15 00:00:00 UTC ]
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Conde Nast didn't have to go too far find talent for a new advertising campaign about creativity, called "Create. Connect. Cond Nast."On Thursday, Conde Nast kicked off the initiative with a series of short videos on social media channels in which employees from across the company's suite of... Continue reading at Advertising Age
[ Advertising Age | 2016-01-14 00:00:00 UTC ]
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#advertising campaign
#short videos
#conde nast
Reviews director Louisa Ermelino recommends 'Letters to Vera,' the letters Vladimir Nabokov wrote to his wife between 1923 and 1944. They elevate the mundane and provide a glimpse into another time. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-08 00:00:00 UTC ]
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#vladimir nabokov
Children's author and illustrator Debi Gliori has joined a protest calling for Argyll and Bute school librarians to be saved. Continue reading at The Bookseller
[ The Bookseller | 2015-12-30 00:00:00 UTC ]
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The board of Scottish arts development body Creative Scotland has said it will not pass on the 3.6% funding cut planned by Scottish government for 2016/17 to its regularly funded organisations. Continue reading at The Bookseller
[ The Bookseller | 2015-12-24 00:00:00 UTC ]
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#creative scotland
#scottish government
Publishing director Chris Lambiase and other SVP's are among those on their way out. The post Rodale Continues Reorganization With Senior-Level Cuts appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-12-19 00:00:00 UTC ]
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Winner of the Great British Bake Off 2015, Nadiya Hussain, will be publishing her "dream" debut cookbook with Michael Joseph. Continue reading at The Bookseller
[ The Bookseller | 2015-12-18 00:00:00 UTC ]
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#michael joseph
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Assistant editor Drucilla Shultz recommends 'North 40' by Aaron Williams about a metamorphosizing book in a small desert town. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-11 00:00:00 UTC ]
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Fiction reviews editor Gabe Habash recommends 'What Belongs to You,' the brilliantly structured story of an American teacher in Bulgaria caught in a love affair with a young man. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-04 00:00:00 UTC ]
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#garth greenwell
#love affair
#young man
London Assembly members call on mayor to complain to chief executiveA motion attacking the regional newspaper publisher Newsquest/Gannett for its cutbacks has been tabled for discussion at tomorrow’s (Friday’s) London Assembly.The motion, which criticises job cuts at a range of London weekly... Continue reading at The Guardian
[ The Guardian | 2015-12-01 00:00:00 UTC ]
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#express concern
#boris johnson