Variety Parent Co. Trims 7% of Staff, Including Executive EditorAuthored by Mark Hefflinger on April 14, 2009 - 12:32pm.
Los Angeles
- Publisher Reed Business Information is laying off 7% of staffers across its
stable of 80 trade publications, including Variety executive editor Michael
Speier, TheWrap.com reported. The company also said that remaining staffers may
be required to take mandatory unpaid days off, to the tune of 5-10 days this
year. The layoffs come shortly after Peter Bart stepped down as Variety's
editor to become president and editorial director.
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