Dotdash Meredith’s transfer to chop 200 jobs, stop some print publications is about embracing digital future, CEO says
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Two months after Dotdash acquired venerable Des Moines magazine publisher Meredith Corp., the shakeup is starting.
Dotdash Meredith CEO Neil Vogel informed workers Wednesday morning that the corporate will finish the print editions of six of the previous firm’s magazines: EatingWell, Leisure Weekly, Well being, InStyle, Mother and father and Individuals en Español.
The transfer, which resulted in 200 layoffs, is the primary of the adjustments Vogel promised after his firm, New York-based digital writer Dotdash, purchased Meredith for $2.7 billion. When the businesses introduced the merger in October, Vogel defined that the brand new enterprise would mix