If you believe it is the entrepreneurs who are going to save this shitty economy, close your eyes. Fishbowl LA has the scoop on Irvine-based Entrepreneur Magazine and Entrepreneur.com "decimating" their editorial staff this week.
We hear from former employees that the layoffs include the executive editor, the managing editor, the online editor, an associate editor, the special projects editor, a staff writer and two editorial assistants. Who' left?
This apparently comes after layoffs the business media venture touted in August as a "reorganization of its editorial department as part of its strategy to combine the company's print and online content development teams." But to Fishbowl, it "sounds like more work, less money to us."
Tell us about it, brudder . . .
Here's a fun fact: the Weekly's founding editor and former publisher, Will Swaim, and first managing editor, Wyn Hilty, came to our-then start-up alternative newsweekly from Entrepreneur in 1995.