has been through several waves of layoffs in the past 12 months, but none has come close in severity to the one under way right now. When it's all over, about 100 people will have lost their jobs -- nearly as many as were let go in the last three rounds combined. (Forbes laid off about 50 people in March, 19 in January, and 43 in November.)
Cuts on the business side came down Monday and Tuesday; the editorial axings were reserved for Wednesday. While they were widely expected to target the print magazine, there have been eliminations "on both sides of the aisle," print and online, according to one staffer.