In an internal memo that was posted on the Web site Talking Biz News, BusinessWeek Editor in Chief Stephen Adler said: âFor the past three years, weâve been moving progressively toward integrating our print and digital operationsâby increasing reportersâ contributions to Businessweek.com, combining our overseas bureaus and copy-desk teams, and seating together everyone within a given coverage area.â He added: âToday we complete this vital transformation by creating a single editorial organization for BusinessWeek. The new structure will enable us to collaborate more effectively, take greater advantage of everyoneâs abilities, learn new skills, and serve our readers and Web users better.â
Under the new structure, one chief editor will supervise all work in print and online covering a particular beat.
BusinessWeek, which in October unveiled a comprehensive redesign that reflected the growing influence of the Web, continues to struggle on the ad front. Through September ad revenue dropped 11.3% compared with the same period last year, according to the Publishers Information Bureau. Ad pages fell 16.4%.
BusinessWeekâs circulation through the first half of the year fell 1.2% to 919,343, according to the Audit Bureau of Circulations.
Adlerâs memo said BusinessWeek Online garnered 64.7 million page views in November.
A spokeswoman for BusinessWeek would not provide any details regarding the layoffs.