Ziff Davis Enterprise Restructures, Issues Layoffs
This story was written by David Kaplan.
Tech publisher Ziff Davis Enterprise is cutting an unspecified number of jobs, according to B2B magazine. The layoffs were handed down by Steve Weitzner, who was named chairman-CEO of ZDE in January.
Aside from the layoffs, ZDE, the publisher of Baseline, CIO Insight and eWEEK, also promoted a number of executives. Kirk Laughlin is moving to the managing director post of the Live Event unit, after serving as senior editorial director. Also, Kevin Neary, formerly CFO at Primedia (NYSE: PRM), has joined ZDE as exec VP-CFO. ZDE is separate from two other entities currently operating under the "Ziff Davis" name: there is the bankrupt Ziff Davis Media and Cnet's ZDnet.com; ZDE was sold by ZDM to PE firm Insight Venture Partners last June for about $160 million.
By David Kaplan