Playboy Enacting Layoffs After Closure of Print Magazine

Playboy is laying off a sizable portion of its editorial staff less than three months after it closed its iconic print magazine. Although a spokeswoman for Playboy said when the print magazine shuttered in March after 66 years, as first reported by WWD, that no layoffs were planned “at this time,” the outlet didn’t need too long for plans to change. A spokeswoman confirmed to WWD that the magazine was enacting layoffs today, but would not specify the number of people being affected. She referred to the move as part of a broader reorganization of the Playboy business “to address challenges caused by the global pandemic as well as to accelerate our work to build direct relationships with consumers through our e-commerce and service offerings.” But sources tell WWD that at least 25 editorial staffers are expected to lose their jobs with the magazine, which is now a digital only operation. This is thought to be a sizable portion of Playboy’s editorial workforce, as it already operates mostly with freelance workers and has slimmed down its editorial staff repeatedly over the last several years. The outlet no longer has a public masthead. “Those leaving Playboy today have contributed in innumerable ways and will be

Follow WWD on Twitter or become a fan on Facebook.

from WWDWWD https://ift.tt/3caB2ac