Layoffs have begun at Penske Media’s The Hollywood Reporter, multiple individuals with knowledge told TheWrap.
At least one digital media writer, J. Clara Chan, has been let go, while another individual with knowledge says at least two more staffers were laid off this week.
One insider told TheWrap that it’s not a “bloodbath.” When asked how many people were laid off, the individual said “not too many.” But one former THR top editor suggested that this could be the beginning of rolling layoffs to occur over the coming weeks.
PMC representatives didn’t respond to TheWrap’s requests for comment.
As TheWrap previously reported earlier this month, the layoffs were expected at THR after Penske Media publications, including THR’s sister entertainment trade site Deadline, missed its revenue targets last quarter.