Phoenix Media Lays Off 10, Including Some Top Employees

may 7, 2010  08:00 am
Phoenix Media/Communications Group, which owns the Boston, Portland and Providence Phoenix papers, has let ten employees go. The layoffs include CFO/COO Richard Gallagher; corporate controller Michael Notkin and assistant corporate controller Chris Crandall. The Weekly Dig broke the news of the changes yesterday when it published a staff memo sent by Phoenix Media president Bradley Mindich, which says Mindich will take over some of Gallagher's duties, while Mike Fuller will take on the interim CFO/COO role as they search for a replacement. "This is the sort of strategic reshuffle that prudent companies engage in to stay on top in demanding markets," Phoenix executive editor Peter Kadzis says in a statement released last night. His comments are echoed by Mindich, who tells AAN News in an email that Phoenix Media is focused on "performance across the board" and "ensuring we have the best of the best here to continue to execute our multi-platform strategy." MORE from the Boston Herald.