We see multiplatform publisher hirings and firings frequently as organizations continue to evolve
Our favorite multiplatform publisher hirings are ones that lead to growth and prosperity within the industry. Of course, this isn’t always the case. Some changes are made for restructuring and relaunching. Bloomberg is one organization experiencing such changes now.
It was recently announced that Bloomberg Politics and Bloomberg Markets are facing layoffs.
According to Folio, “The editorial direction of Bloomberg Politics will change significantly in the upcoming weeks as the section shifts away from election coverage and onto covering policy relevant to the business and finance arena.”
The article continues by discussing the direction of Bloomberg Politics going forward. “…Bloomberg Politics will have an international emphasis, and teams “will start designing a new, more globally oriented website, allocating [its] journalistic resources accordingly.””
Additionally, “Around 30 people were laid off yesterday, primarily from the Markets team, according to reports, as the company consolidates the First Word, Market and Web teams under executive editor Madeleine Lim.”
The team is now focused in a specific manner in terms of content. “The team will now be organized between Equities and Equity Markets, FX/Rates, Credit, Emerging Markets, Cross-Asset, Curation and Blogs.”
Crain’s Chicago Business is also dealing with changes after a year of internal growth disagreements. According to an article from Folio, “Publisher David Snyder — a 33-year veteran of the company — and associate publisher Lisa Emerick are leaving Crain’s Chicago Business, following a disagreement with ownership on the growth strategy of the company, according to a staff report.”
The article also discusses that, even though Snyder and Emerick are moving on from Crain’s Chicago Business, the publication remains profitable.
The article states that Synder and Emerick weren’t the only staff members to exit the organization. “In addition, three editorial staff members were dismissed — assistant managing editors Thomas A. Corfman and Craig M. Newman, as well as copy editor Richard Skews.”
Our final story of change includes Meredith’s Parents Network naming a new editor-in-chief. Liz Vaccariello, who recently served as the chief content office for Reader’s Digest, is returning to Meredith. Folio reports, “The female-focused publishing giant announced today that Liz Vaccariello will rejoin the company November 28 to head up editorial for the network, which includes Parents, Fit Pregnancy and Baby, Family Fun, Parents Latina, Ser Padres, and Siempre Mujer.”
Vaccariello is no stranger to Meredith, as she worked for the organization a decade ago. “It’s a homecoming for Vaccariello, who served as executive editor at Meredith’s Fitness for seven years before departing to take the editor-in-chief position at Rodale’s Prevention. Vaccariello then moved on to Trusted Media Brands, spending about a year as editor-in-chief of Every Day with Rachael Ray before being promoted, in 2011, to chief content officer and editor-in-chief for flagship title Reader’s Digest.”
A slew of changes have been sweeping through the multiplatform publishing realm since this quarter, post election. We will continue to watch these trends as they develop, and report them to you.