Jun
30
Newsweek Braces for Cuts After Layoffs at Sibling International Business Times
Posted in: Uncategorized
Dozens of International Business Times journalists were terminated Thursday in what parent company IBT Media called a “corporate restructuring.”
IBT Media split Newsweek, which it purchased in 2013, “into a separate operational entity,” it said in a statement.
The other media brands under the IBT Media umbrella, including the downsized International Business Times, Medical Daily, iDigitalTimes, Fashion Times, and the Latin Times, “will be moved into a more integrated structure which will allow for both operational and editorial efficiencies,” the company said.
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