Less Strings to the Middleboe

Many people think that business media companies have too many senior managers. Even those who tackle costs in their own area are vulnerable to being chopped themselves. Simon Middleboe, the CEO of Emap Inform, the print bit of Emap, has been culled from his job after 25 years service.

Emap Inform of More Redundancies

Sorry for lack of posts lately. As sometimes happens in the real world, I have been busy. The pain is not over yet. Emap Inform has announced more reducndancies even though the business continues to do well (according to its CEO). The MD of Inform, Simon Middleboe, says the changes are about becoming a multiplatform business and building paid content. Some might think that sounds like a strategy hooked onto the back of inevitable cut backs as the print recession gets worse.

This all comes on the back of Apax writing down the value of their investment in Emap. Apax of course have already lost their shirt on Incisive Media.

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• Apax writes down investment in Emap business to zero (telegraph.co.uk)
• Emap inform looking to cut 35 more jobs (guardian.co.uk)