New York - Nielsen Business Media, the division of the ratings, publishing and events company that publishes titles including The Hollywood Reporter, Billboard, Editor & Publisher, Mediaweek and Adweek, has laid off 40-50 staffers, according to reports on Fishbowl NY and Folio.com.

The company said the cuts were spread across its entire business, and were part of a plan to reduce overall headcount at The Nielsen Company by 4,000, or 10%.

Nielsen spokesman Gary Holmes told Folio.com that, despite reports to the contrary, the company "has no plans to sell Nielsen Business Media nor to fold or combine any of its titles."

Related Links:
http://www.foliomag.com/2008/nielsen-restructuring-nearing-4-000-cuts

http://snipurl.com/2423o (Fishbowl NY)

http://www.nielsenbusinessmedia.com