RBI cuts staff by additional 7%
Layoffs affect all publications, Variety
|
More Articles:
Most Viewed:
Sundance unveils competition lineup(6760 views)Bloody 3D sequels planned(2934 views)Directors in Oscar spotlight(1721 views)Summit's 'Twilight' dilemma(1388 views)Domestic box office up 8% in 2009(1314 views)Comcast's bargain purchase(910 views) |
In an email to RBI staffers, Smith said that the company had made cuts in other areas, emphasizing that the layoffs were not decided upon lightly.
In late January, Smith had hinted "that we might reduce further our staffing levels if the economic circumstances became worse than our already conservative expectations for 2009. We are in that unfortunate situation today."
Aside from the Variety publications, RBI consists of info services and multiple print/online offerings, including Broadcasting & Cable, Video Business, and L.A. 411.
Among those ankling Variety are exec editor of news Michael Speier and assistant managing editor Dade Hayes.
