“Forbs” has laid off about 5% of its employees due to unmet financial targets for the year 2024. Around 25 people lost their jobs, while the network of 2,100 writers was not affected. The new CEO, Sherry Phillips, states that the reorganization of resources is necessary to enhance efficiency and focus on the brand’s key strengths.
Forbes cut 5% of staff due to unmet 2024 goals.
