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People Inc. Lays Off 195 Staffers, About 6% of Workforce, With CEO Citing ‘Rapid Changes in Media’

People Inc. Lays Off 195 Staffers, About 6% of Workforce, With CEO Citing ‘Rapid Changes in Media’

News Briefvia Variety

People Inc., home to brands including People and Entertainment Weekly, is the latest media company to make job cuts. On Thursday, People Incorporated CEO Neil Vogel announced in an internal memo that the company is laying off 195 people “across our offices. The cuts represent roughly 6% of the publishing company’s total headcount.

Source Variety

This is a summary of a story originally reported by Variety.

Read the full story at Variety

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