Hearst Magazines implemented layoffs Thursday affecting dozens of employees across its portfolio.
Insider obtained the full memo from the president of Hearst Magazines announcing the news.
Hearst Magazines Media Union tweeted that 41 of its members were laid off due to "company restructuring."
Change can be difficult but it is necessary as we pave the way forward as a digital-first media company.
Thank you all for your dedication as we work together to build the future for Hearst Magazines.
Persons:
we're, Debi Chirichella, Hearst, —, Hearst Magazines Media Union, Chirichella, Slack, I'm, You'd, he'd, Jessica Giles, EIC Kristin Koch, It's, we've, Reed Alexander, Lucia Moses, lmoses, Alison Brower, Dan Whateley
Organizations:
Hearst, Hearst Magazines, Cosmopolitan, Hearst Magazines Media, Hearst Union, Twitter, Fashion