‘BusinessWeek’ merges print and digital operations; lays off a dozen staffers

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New York—BusinessWeek on Wednesday announced internally that it was merging its print and digital editorial operations and letting go a dozen editorial and business staff members.

In an internal memo that was posted on the Web site Talking Biz News, BusinessWeek Editor in Chief Stephen Adler said: “For the past three years, we’ve been moving progressively toward integrating our print and digital operations—by increasing reporters’ contributions to, combining our overseas bureaus and copy-desk teams, and seating together everyone within a given coverage area.” He added: “Today 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 everyone’s abilities, learn new skills, and serve our readers and Web users better.”

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%.

BusinessWeek’s circulation through the first half of the year fell 1.2% to 919,343, according to the Audit Bureau of Circulations.

Adler’s memo said BusinessWeek Online garnered 64.7 million page views in November.

A spokeswoman for BusinessWeek would not provide any details regarding the layoffs.

—Matthew Schwartz

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