While signs of economic recovery are beginning to show for architects, design publishers continue to struggle to adjust to the changing media landscape and the soft economy. The parent companies of The Architect's Newspaper's two major competitors, Architectural Record's McGraw-Hill and Architect's Hanley Wood, both announced major restructurings this week. According to Folio, McGraw-Hill is folding New York Construction, Midwest Construction, and its other regional titles into Engineering News-Record and turning ENR into a regional publication while eliminating up to 2,000 jobs across the company. At Record, this also meant letting go of some senior editorial staff, AN learned yesterday. Meanwhile, Hanley Wood's president, Peter Goldstone, has been let go and his position has been eliminated, Folio also reported. UPDATE: A spokesperson for McGraw-Hill wrote to dispute that the company is eliminating 2,000 jobs. While she declined to give a number, she said that the 2,000 figure is, "completely inaccurate." She also clarified that ENR will "continue to be a national publication, but now it also has regional supplements."
Posts tagged with "Pink Slips":
REVEALING BITS Stephen Ehrlich is known to be a mild-mannered LA architect. But it looks like that wasn’t always so. As part of his tribute at Julius Shulman’s memorial service in September, Ehrlich bared not only his praise for Shulman, but also his butt cheeks. He wasn’t at the event, but the Getty presented an image that Shulman took of him in his—shall we say—perkier days. He was obviously hitting the beach a lot then, because we saw some serious tan lines. Uncle Julius, maybe you had another career waiting in the centerfolds? YOUR PINK SLIPS ARE SHOWING The layoffs continue unabated. But it’s even more painful when the firm doing the layoffs just bought your company. Our always (well, almost-always) reliable sources tell us that architecture giant Perkins + Will has just laid off more than 25 people in its San Francisco office. Around ten of them are former employees of SF firm SMWM, which merged with Perkins + Will about a year ago. Guess that M&A plan wasn’t such a good idea, was it? EASY LISTENING The gossip goldmine that is the Monterey Design Conference has delivered yet again. ... Send tips, gossip, and job fairs to Eavesdrop@archpaper.com