Crain’s New York Lays Off 40 Percent of Editorial Staff

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By: Chris Roush | Talking Biz News

Crain’s New York Business on Thursday laid off a dozen reporters and editors — 40 percent of its full-time editorial staff — with publisher Jill Kaplan citing a need to “re-align the brand’s costs with its revenues,” according to people who described the company’s explanation for the downsizing.

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