Crain’s New York lays off 40 percent of editorial staff – Talking Biz News
Crain’s New York Business on Thursday laid off a dozen reporters and editors — 40 percent of its full-time editorial staff — with publisher Jill Kaplan citing a need to “re-align the brand’s costs with its revenues,” according to people who described the company’s explanation for the downsizing. Editor Glenn Coleman told his staff he…