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Layoffs Hit Martha Stewart Living Omnimedia
Advertising Age ^ | 12/12/13 | Michael Sebastian

Posted on 12/12/2013 2:10:58 PM PST by jimbo123

On the same day Martha Stewart appeared on MSNBC to talk holiday gift giving, a wave of layoffs began sweeping across her company Thursday, according to three people familiar with the matter.

The cuts at Martha Stewart Living Omnimedia are said to affect about 100 staffers, one person close to the matter said, or about one-third of the company's workforce.

(Excerpt) Read more at adage.com ...


TOPICS: News/Current Events
KEYWORDS: home4theholidays; hopeandchange

1 posted on 12/12/2013 2:10:58 PM PST by jimbo123
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To: jimbo123

So is this more unintended collateral damage from Obozocare, UHA, aka the Unaffordable Healthcare Act?


2 posted on 12/12/2013 2:27:58 PM PST by Grampa Dave ( Obamacare, ItÂ’s a Wonderful Lie! Obamaganda is failing 24/7! Soon Obamaganda will fail 24/365!)
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To: jimbo123

when they have to hock their wares on shopping channels,, the end is nigh..


3 posted on 12/12/2013 2:35:43 PM PST by NormsRevenge (Semper Fi)
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To: jimbo123

So can she still call her company “Omni”media? Maybe should downsize to Monomedia.


4 posted on 12/12/2013 2:42:12 PM PST by who_would_fardels_bear
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To: who_would_fardels_bear

How about “Mini-me-dia”?


5 posted on 12/12/2013 2:44:52 PM PST by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: jimbo123

If you are in a ‘luxury’ business or make a luxury product, goodbye. Every ounce of the middle and low class income is spoken for by mandatory spending. Insurance, taxes, loan paybacks are fixed or even increasing constantly.


6 posted on 12/12/2013 2:48:41 PM PST by George from New England (escaped CT in 2006, now living north of Tampa)
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To: jimbo123
Never quite recovered from her incarceration scandal. Too bad.
7 posted on 12/12/2013 3:15:03 PM PST by Conservative4Ever (Dear Santa.....I can explain...)
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To: jimbo123

Awwww...
Wanna bet Martha and many of her minions VOTED FOR OBOZO — TWICE!

Hey, PAYBACK’S A BITCH!!


8 posted on 12/12/2013 3:18:28 PM PST by Dick Bachert (Ignorance is NOT BLISS. It is the ROAD TO SERFDOM! We're on a ROAD TRIP!!)
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To: jimbo123

she’ll be doing e-bay auctions and swap meets soon enough


9 posted on 12/12/2013 3:21:38 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: Grampa Dave
So is this more unintended collateral damage from Obozocare, UHA, aka the Unaffordable Healthcare Act?

Possibly, I also tend to believe layoffs like these may have to do with the fact that we are a CONSUMER based economy and the consumers ain't spending on needs from Martha Stewart.

10 posted on 12/12/2013 3:41:06 PM PST by VideoDoctor
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