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FROM THE FRONTLINES :: JEREMY GREENFIELD
Major Restructuring at CMP Technology: 200 Gone By the End of the Month CMP Technology will be making several restructuring announcements this week. The initiative, led by CEO Steve Weitzner, will affect the whole company and has been in the works for two years. The Details Information Week and sister publications Network Computing and Optimize will be folded into one publication under the Information Week banner. CRN and VAR Business will go from a total of six issues a month into a total of four. EE Times' and Techonline’s editorial staff will be merged. Sys Admin will be shut down and its resources will be put behind Dr. Dobb’s Journal. And ICMI, formerly Call Center Magazine, will be continued, but not as a print publication—as an online only publication. Additionally, previously centralized services like integrated sales and audience management will be decentralized and implanted into the various business groups. 200 employees will lose their jobs—some by the end of the week, and some by the end of the month. According to Weitzner, “These moves align people in the company with where the growth is.” Also according to Weitzner, print revenue was 45% of total revenue for the company in 2006, and it will be even less in 2007. Full analysis and more from Weitzner in next week’s issue of min’s b2b. Also, see the latest from the minsider. More Jeremy Greenfield
Jeremy Greenfield Archives COMMENTS
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Manager, Digital Media, NCC Media
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They were always in the reach and edit sell.
The battle betweek ZIF an CMP as to who ran more product information change the business,
It ihad nothing to do with readership and response of the magaine. It had to do with rate and how much edit do I get.It was a ego marketing tirp that did no gererate sales. It was a major scar on the b2b press.
Paul Beatty