Layoffs Strike Hearst Magazines
Originally Published 1 year ago — by Hollywood Reporter
Hearst Magazines has announced layoffs as part of a strategic reallocation of resources to focus on digital innovation and strengthen its print products. The exact number of layoffs and affected departments were not disclosed. The decision, criticized by the Writers Guild of America East as "needless and cruel," is part of Hearst's broader strategy to enhance digital advertising and subscription platforms. Hearst has also partnered with OpenAI and expanded its international presence to drive long-term growth.