March 23, 2025

Those staffers? They'll be gone by Christmas

The brutality of the magazine business these days is evidenced by the way in which BusinessWeek staff found out about massive layoffs -- they read about it in a story in the New York Times, based on an offering memorandum from the magazine's owner McGraw-Hill to potential buyers. According to a post on the Silicon Valley Insider, Stephanie Clifford of the Times got her hands on the memo from

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