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Dotdash Meredith to Cut 274 Staffers Amid “Economic Uncertainty”
Dotdash Meredith, which publishes People, Better Homes & Gardens and InStyle, will lay off 7 percent of its employees. In a memo sent to staff Thursday, CEO Neil Vogel said the cuts were coming as the publisher was impacted by the “broader challenges of the ad industry and of the economy as a whole.” The […]
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IAC Sees Magazines As “Luxury Good” Amid Publication Restructuring
IAC executives gave more color on how they view the print magazine business Wednesday, following the company’s decision to end several print issues in its portfolio, including Entertainment Weekly, InStyle, Health, EatingWell and Parents. The company, which acquired these titles through its acquisition of Meredith Corp. in 2021, cut the print editions of these publications […]
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