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Summary:

B2B magazine publisher Reed Business Information is to cut 35 jobs in the UK, as part of a cost-cutting drive to reduce overheads following…

B2B magazine publisher Reed Business Information is to cut 35 jobs in the UK, as part of a cost-cutting drive to reduce overheads following last year’s failed sell-off of the division by owner Reed Elsevier (NYSE: RUK), reports Guardian.co.uk. Earlier this week our sister site paidContent.org reported that cuts are being made at RBI’s US titles including Variety and Publisher’s Weekly as part of a seven percent reduction in headcount across the group. No word on which parts of RBI’s UK portfolio, including New Scientist and Farmers’ Weekly, will be affected.

We can’t say they didn’t warn us: Reed was clear that RBI would be accordingly “structured and managed” after the nine-month sale collapsed before Christmas. Reed was left with a business it didn’t want and is now cutting back its costs — in the medium-to-long-term hope of selling it on if or when market conditions improve. There was no shortage of interest in RBI, but the sale was scuppered by a chronic lack of credit to finance the deal. With credit markets still in decline that sell-off, if it ever comes, maybe later rather than sooner…

Though the job losses are coming, RBI’s content team is still finding ways to innovate. Runway Girl, the Flightglobal.com blog by Mary Kirby, has posted its first vlog, as RBI head blogger Adam Tinworth, points out. One of her pet subjects is online connectivity on airlines…

  1. finance and accounts Thursday, January 29, 2009

    i want a job from uk and for the post of finance or either accountjob.kindly find my atteachment and reply me.

    Thanking you
    M.Selvarasu

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  2. Andrew Rogers Friday, January 30, 2009

    That M. Selvarasu chap sounds like just the kind of person we're looking for.

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