More Layoffs and Big Changes Rock Meredith’s Birmingham Office

[caption id="attachment_109685" align="alignright" width="488"] Meredith Corp.'s Des Moines, Iowa headquarters.[/caption] Meredith has taken further steps in its long-term reorganization strategy that began after its acquisition of Time Inc. nearly two years ago. The Wall Street Journal first reported that the company is laying off around 200 staffers, and is merging two of its Birmingham Alabama titles that houses a number of lifestyle titles, including Southern Living, Real Simple, Food & Wine, and Cooking Light, which will be merging with EatingWell and moving to a frequency of ten newsstand-only issues per year. The cost-saving merger will create a more efficient path to scale for Meredith, who already has a  portfolio of 14 food titles, including Allrecipes and Everyday with Rachel Ray. Cooking Light's total circulation will now increase to 1.75m. "Combining the powerful EatingWell and Cooking Light magazines will strengthen our editorial product while providing advertisers with access to this passionate group of consumers seeking a healthier lifestyle," said Carey Witmer, EVP and Group Publisher of the Meredith Food Group, in a statement. "We believe an enhanced EatingWell best positions Meredith for continuing success and will drive sustainable growth." The staffing cuts are not exclusive to the Birmingham offices. The New York Post reports that the company will also be outsourcing its retail operation, which manages the physical distribution of Time Inc.... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-09-13 00:00:00 UTC ]
News tagged with: #consumer revenue #latest round #title closures #sports illustrated

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More Layoffs and Big Changes Rock Meredith’s Birmingham Office

[caption id="attachment_109685" align="alignright" width="488"] Meredith Corp.'s Des Moines, Iowa headquarters.[/caption] Meredith has taken further steps in its long-term reorganization strategy that began after its acquisition of Time Inc. nearly two years ago. The Wall Street Journal first... Continue reading at Folio Magazine

[ Folio Magazine | 2018-09-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #consumer revenue #latest round #title closures #sports illustrated


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