This year's ASBPE Magazine of the Year in the less-than-80,000 circulation category, CMO, was affected by recent layoffs, according to Folio: magazine. The layoffs were announced by CMO parent CXO Media (itself a subsidiary of IDG) and affects other CXO titles, namely CSO and CIO. Editorial consultant Paul Conley lamented the layoffs in a recent blog post.
Although CXO planned a total staff reduction of 10% and the reason given was a focus on high-growth areas including events, Folio: reports editorial staff is largely unaffected. Nevertheless, some art staff were reportedly laid off. But there is at least one encouraging sign for CXO, and CMO in particular: as recently as the first of this month, they year-old magazine had expanded its reach, entering the Asian and European markets.
As it happens, CMO editorial director Lew McCreary (who won this year's G.D. Crain Award from American Business Media) will be one of the panelists at our Sept. 22 chapter event, a panel discussion on starting a new publication. Maybe he'll have some insight into CXO's future plans.
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