Bonnier Corp., the U.S. arm of the Swedish media company, has cut 70 positions, or about 17% of its U.S. workforce, according to a story in the New York Post. About 370 people will remain with the company. It has converted five of its print magazines to all-digital and reduced the frequency of foodie title Saveur to quarterly from six times a year.
Among the titles going all-digital are Wakeboarding, WaterSki , Sport Diver and motorcycle titles Dirt Riders and Baggers.
Adam Sachs, the editor-in-chief, photo editor Michelle Heimerman and creative director Richard Baker were among those laid off at Saveur.
Bonnier AB is a privately held Swedish media group of 175 companies operating in 15 countries. It is controlled by the Bonnier family.
Labels: layoffs, print and digital