ADVERTISEMENT



More Layoffs: Taunton Cuts 9

Slowdown in home construction cited as a factor.


By Dylan Stableford
06/20/2008


SEE RELATED: Roman's Memo to Staffers

Taunton Press—the Newtown, Connecticut-based niche publisher of hobbyist magazines including Fine Woodworking—has cut nine employees from its workforce, FOLIO: has learned.

"On a personal level it is difficult but is important to the long-term health of the company," president and editor-in-chief Sue Roman wrote in an e-mail to FOLIO: confirming the cuts on Friday. Taunton is also said to have frozen new hires as it adjusts its 2009 fiscal year budget.

The layoffs come as the company tries to navigate the downturned economy—which has hit the homebuilding market particularly hard.

"As our business needs change we need to trim from various parts of the business at the same time that we're growing in other areas," Roman wrote, "namely online and advertising sales." The company employs 300 people.

Taunton merely is the latest publishing company to cut staff in recent weeks. Penton Media, Reed Business Information and Meredith have all announced job cuts since the beginning of June.

RELATED LINKS

COMMENTS: 0

Post Comment / Discuss This Story - Info/Rules

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.




RECENTLY in Consumer dots icon

MOST READ on FOLIO: dots icon

FOLIO: Alerts & Newsletters dots icon

Sign up for our news alerts, special offers & feature updates:



FOLIO: Alerts
Breaking news & industry updates

FOLIO: Publishing Technology
The Latest on Trends, Issues & Products (2x Monthly)

FOLIO: Special Promos
Special offers & announcements from Partners, Sponsors & Red 7 Media

FOLIO: Update
Webinar, content & service feature updates



Industry Directory dots icon

Searchable, quick access and profiles of the industry's top vendors, suppliers, service providers and more

Browse & Search the Full Directory Now



CAREER CENTER dots icon

Latest Featured Jobs