Four employees at St. Joseph Media have lost their jobs this week as the company continues to scale back in reaction to the global economic downturn. Administrative, creative services and production departments have been affected by the cuts, says Douglas Knight, president of St. Joseph Media.
In total, seven positions were eliminated through restructuring, but three people have been placed into other positions within the company. Knight is not ruling out the possibility of more cuts. “We are looking at every group and making small adjustments as we go into the new year.”
St. Joseph Media closed two magazines—Gardening Life and Wish—in November of last year. Since the closures, the company has been “scaling our expenses to our revenues,” Knight said.
In related news, layoffs have also hit the printing division of St. Joseph Communications, where 2% of the company's workforce (representing about 36 people) have been temporarily laid off, according to John Gagliano, president of St. Joseph Print and St. Joseph Documents.
|Lorene Shyba says: