Meredith is planning to cut 1,000 jobs over the next 10 months as it consolidates what they are keeping with their existing flagships such as Better Homes & Gardens and Family Circle and other titles (mostly entertainment, food, lifestyle, home, parenting, beauty and fashion)
“That was the plan all along I think,” said Craig Huber, an analyst who follows Meredith at Huber Research Partners. “Meredith has never liked the weekly magazine business because the editorial content gets stale very quickly.”
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