Future Publishing, the media outlet responsible for Edge, CVG and The Golden Joystick Awards, will begin laying off staff as it restructures around a single content and marketing team.
According to Media Week, the business will no longer be structured around content types like games, technology and sports, but be led from a single marketing and editorial division.
“Future’s business model isn’t working hard enough. This isn’t sustainable in the medium term and needs to change,” said CEO Zillah Bing-Maddick.
The redundancies will affect the entire company – “no part of the business will be unaffected”.
“We’re planning to refocus and simplify our business around those two key stakeholders and that opportunity. We have a clear business model and strategic vision,” she told Media Week. “And we’re starting the conversation about how to apply it with our people now. We’ll update our external stakeholders at our Interims at the end of the month.”
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