Forbes magazine has completed the print/online editorial combo is announced in November, and with it, has axed 19 edit jobs, MediaMemo's Peter Kafka reports. This was the second phase of Forbes' print and digital integration. Phase one initiated in November, when it formed a single ad sales force. The combined edit and ad sales staffs report to the "office of the chairman," which is actually a triumvirate that consists of Forbes.com CEO Jim Spanfeller, Steve Forbes, chairman and CEO of Forbes Media and Timothy Forbes, the company's president and COO. About 43 employees lost their jobs in phase one, which also included shuttering the ForbesAutos.com site and pared down ForbesTraveler.
By David Kaplan