As 200 Staffers Lose Jobs At Dotdash Meredith, INSTYLE Print Edition Axed (AS WELL AS FIVE OTHER MAGAZINES)

As 200 Staffers Lose Jobs At Dotdash Meredith, INSTYLE Print Edition Axed (AS WELL AS FIVE OTHER MAGAZINES)

Entertainment Weekly, InStyle, EatingWell, Health, Parents, and People en Español—are to become digital-only as they “no longer serve [Dotdash Meredith’s] Core Purpose

According to the New York Times, the job losses account for 5% of the company’s current work force. In the memo circulated by CEO Neil Vogel (obtained by the NYT), the executive wrote: “We have said from the beginning, buying Meredith was about buying brands, not magazines or websites. It is not news to anyone that there has been a pronounced shift in readership and advertising from print to digital, and as a result, for a few important brands, print is no longer serving the brand’s core purpose.”

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