Future to make one third of US staff redundant in move to all-digital

Magazine publisher Future has announced plans to make a third of its US-based staff redundant in a move "away from print".
 
The group said it would "fast-track the digital transition of the business" and make "a major step towards being a 100 per cent digital business in the US".
 
Print support functions such as marketing and production will move back to the UK. Editorial leadership for Future's international print brands in the US will also be centralised in the UK, with a "limited localised contribution" in the States.
 
Future said that no brands would be closed but that US headcount would be reduced by about a third.
 
Chief executive Mark Wood said: "These changes enable Future's US business to focus squarely on profitable operation of our core US digital brands, which have increased traffic by 40% in the past year and draw over 22 million unique user visits a month."
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