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'Standard' lays off 17% of its staff

Published on .

Standard Media International, publisher of The Industry Standard, said it is laying off 69 people, or about 17% of its 400-plus employees. The cuts mark the second round of layoffs; in January, 36 people were fired. Unlike the previous round, editorial staff was not spared from the latest cuts, losing 18 people. Employees were also let go from the marketing, online and conferencing divisions.
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