Clearing the air and getting a view of the future
Brian Fuller today provides a bit more clarity in the decision process for the layoffs at Techinsights that included Rich Wallace, Loring Wirbel and most of the event staff. Brian, talking with Techinsights CEO Paul Miller, said the reason behind the move is not because the company isn't profitable, which is is, but because 2009 looks really awful. Most of the time layoffs follow really bad quarters. Now we're laying off people because the future doesn't look all that great. Talk about a pessimistic world view. But there is good news out there. Last week Hearst Business announced an increase in their distribution - a big increase of 35,000 - in 2008. So I looked at the ABC Publisher’s Statement and thought I saw something hinky. Earlier this year Hearst offered a bunch of people digital subscriptions (pdf, not print) and according to the audit, 35,000 people were chosen for such market coverage copie...