“Six of us were fired on Friday. After that, two additional editorial staffers opted to take severance packages. Although layoffs have become depressingly common in this cash-poor industry, our story is different. As our former boss, CEO Ben Goldhirsh, wrote in a company-wide email on Monday, “We’re profitable through the first half of the year, and this is probably one of the first times in the company’s history where layoffs were made not because of financial pressure, but for strategic reasons.” The company’s founders hope to reestablish the brand as a “community platform.” We wish them the best of luck.”
This whole thing depresses me more than I’d like to admit, but at least it demonstrates quite adeptly that all the “Good” and “future positive” stuff is all for the pageviews. “Community” means “we profit from your free labor.” “Good” is a terrible name.
Looking forward to Tomorrow.
Notes
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Apparently, GOOD magazine laid off its entire staff! I loved GOOD magazine! Fortunately,
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GOOD Magazine fires...staff. Said staff decides...make their...
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I’m so heartbroken :(
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