ADVERTISEMENT



IDG Reorganizes, Cuts 8 Percent of Staff

Consolidates b-to-b media division; completes transition to Web-centric model.


By Jason Fell
05/01/2009

Boston-based technology publisher IDG has restructured its b-to-b media division, grouping brands like CIO, Computerworld, InfoWorld, Network World, CSO, IT World and Industry Standard into one business unit.

As a result of the consolidation, 8 percent of IDG’s U.S. staff has been eliminated. An IDG spokesperson declined to say exactly how many employees were let go.

According to a recent Boston Globe report, IDG employs roughly 800 people in Massachusetts. The report said the company slashed b-to-b division salaries by 10 percent last month.

IDG also has offices in San Francisco and employs more than 13,000 people worldwide, according to its Web site.

“IDG Communications began resource sharing among its b-to-b media brands several years ago when it transitioned from a print publishing to web-centric business model,” the company said in a statement. “This restructuring completes that process and will ensure that IDG’s b-to-b brands are staffed to rapidly and effectively meet technology marketers’ need for creative, multimedia marketing programs and related services.”

Each of IDG’s individual b-to-b media brands will continue to have dedicated editorial and sales teams. The restructuring enables IDG to “share resources and reduce costs,” the company said.

According to b-to-b blogger and consultant Paul Conley, one of the effected employees is said to be vice president and Computerworld/InfoWorld editorial director Don Tennant. IDG declined to comment on specific cuts. An e-mail to Tennant was returned as undeliverable and a phone call was not immediately returned.

Founded in 1964, IDG had revenues of $3.2 billion in 2008.

RELATED LINKS




Post Comment / Discuss This Story - Info/Rules

With revenues of $3.4
Submitted by Anonymous on Tue, 05/05/2009 - 11:27.

With revenues of $3.4 billion this is a company that should hiring not firing or maintaining staff levels at a min. They lose intellectual property and that braintrust just means they'll be slower to innovate. Don't get me wrong, all due respect to a great company and a leader, but that kind of leadership comes with responsibility and IDG should be setting an example to help get B2B out of this current market condition and into the next .
Revenue is only a part of the picture
Submitted by Anonymous on Tue, 05/05/2009 - 17:33.

It does not matter if IDG's revenue is $3.4 billion. If the revenue is on the decline and is expected to be on the decline for the foreseeable future, no responsible management will be on the hiring mode. No one wants to lose IP but there comes a point you have to cross the line.
Life after IDG
Submitted by Anonymous on Thu, 05/07/2009 - 14:09.

After a rather thankless '03 layoff, I will guarantee, there is actually career life after IDG... with more opportunities for recognition, access to the top level decision makers makers and even self-empowerment. They're forever finding their way, leaving staff in their wake.
Don Tennant a big loss
Submitted by Anonymous on Tue, 05/19/2009 - 09:11.

Don's leadership won many awards for IDG/Computerworld, and his columns were one of the few voices left that made people think about the ethics of the IT industry, poking into areas most hoped no one would look. IDG displayed their usual heartless disregard for him and his readers, by laying him off without an opportunity for a goodbye column, or any acknowledgment to his readers. I will miss Don's writing. I'm not sure Computerworld is worth reading without him.
Re: Life after IDG
Submitted by Anonymous on Thu, 05/21/2009 - 16:19.

IDG's no different than other companies when it comes to the bottom line. They try and lull staff into believing everyone is important to the company and the greater good. Just like every other company - the bottom line is all that matters. When they have no use for people or they sell off a product all who are let go are persona non grata. Try to talk to someone in upper management when it happens - good luck. You have a better chance of breaking into Fort Knox. And the corporate HR staff when people are axed? They make the Wicked Witch of the West look like Shirley Temple. Career life is good after IDG. Just chalk it up as another chapter in your life and don't look back - look ahead at new and exciting career experiences.



RECENTLY in B2B dots icon
MOST READ on FOLIO: dots icon

FOLIO: Alerts & Newsletters dots icon

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






CONNECT WITH FOLIO: NOW
   



Find What You Need dots icon

Folio: Marletplace

Seach top vendors, suppliers, service providers & more

Browse & Search the Full Directory Now


FOLIO: mediaPRO dots icon

CAREER CENTER dots icon

Latest Featured Jobs