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Forbes Shuts Down Auto Site; Layoffs Hit Forbes Travel, Conference Group

This story was written by David Kaplan. is being shuttered and its entire staff is being let go, a company rep said, confirming earlier reports on SAI and Gawker. The rep wouldn't say how many individuals worked on ForbesAutos. Also, most of ForbesTraveler's staff is also being laid off. The site will limp along with three staffers. Lastly, Forbes is getting rid of its conference group. The Forbes rep said that the publisher will still host conferences, but all planning will be handled buy its marketing department.

By David Kaplan