IBT Lays Off More Than 30 Journos, Spins Off Newsweek

Politico: IBT Media unexpectedly laid off more than 30 journalists amid a major reorganization on Thursday. One person who was laid off said that IBT eliminated its international, business, technology, media and culture news desks, along with its graphics team and its copy desk. A handful of layoffs at Newsweek, also owned by IBT Media, are expected to be announced Friday.