Hearst Magazines cut 41 staffers in the latest restructuring for the publisher. Seventeen editor in chief Kristin Koch will exit in September, after which the magazine will be put under the purview of Cosmopolitan editor Jessica Giles.
Like many legacy publishers, Hearst employees have endured waves of restructurings resulting in painful staff reductions. At the beginning of the year, the company reorganized its advertising business.
In 2021, as the industry was still reeling from a massive pandemic-spurred advertising downturn, the company offered its sales and marketing departments voluntary buyouts that winnowed the magazine division’s workforce by about 5 percent (more than 120 employees).
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Report: Marisa Guthrie