Report: massive layoffs at Martha Stewart Living - New York News

Report: massive layoffs at Martha Stewart Living

Posted: Updated:
Martha Stewart (MyFoxNY/File) Martha Stewart (MyFoxNY/File)
NEW YORK (MYFOXNY) - Martha Stewart Living Omnimedia is reportedly undergoing a major pre-Christmas layoff binge. The New York Post reported that up to 100 staff members—or about 25 percent of the company’s workforce—were expected to be axed today.

One staffer described the current office atmosphere as “really awful.”

They also said that, “It’s really scary and terrible right before the holidays.”

The layoffs are reported to hit the flagship Martha Stewart Living magazine especially hard amid speculation that the company is planning to deemphasize its media arm as it focuses more on licensing and products.

  • Local NewsLocal NewsMore>>

  • Homeowner interrupting burglary is fatally stabbed

    Homeowner interrupting burglary is fatally stabbed

    Monday, September 1 2014 2:35 PM EDT2014-09-01 18:35:46 GMT
    A 67-year-old homeowner was stabbed to death and his wife injured after they came upon a burglary at their Staten Island home.
    Police in New York City say an intruder stabbed a couple who interrupted a burglary at their home, killing the man and injuring his wife.
  • New MTA bus routes take effect

    New MTA bus routes take effect

    Monday, September 1 2014 1:09 PM EDT2014-09-01 17:09:54 GMT
    MTAMTA
    The MTA has new bus routes throughout the 5 boroughs. 
    The MTA has new bus routes throughout the 5 boroughs. 
  • Suspect, rookie officer both wounded in gunfire

    Suspect, rookie officer both wounded in gunfire

    Sunday, August 31 2014 10:11 PM EDT2014-09-01 02:11:38 GMT
    Authorities say an early morning gunfire exchange on a Brooklyn street has left the suspect hospitalized and a police officer with a graze wound.
    Authorities say an early morning gunfire exchange on a Brooklyn street has left the suspect hospitalized and a police officer with a graze wound.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices