Forbes To Lay Off 3% Of Staff After Union Stages 3-Day Work Stoppage In Protest

The Forbes editorial union is planning a three-day walkout, starting on Thursday morning and ending on Monday, to protest management negotiation tactics and layoffs hitting around 3% of staff. “To meet our 2024 business goals, like many companies, we needed to reprioritize resources, resulting in the difficult decision to reduce less than 3% of staff,” a Forbes spokesperson said.

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Forbes’ World’s Most Powerful Women

Oprah Winfrey, Disney’s Anne Sweeney, Sony’s Amy Pascal, Sofia Vergara, Arianna Huffington, HBO’s Sue Naegle, ABC’s Diane Sawyer, HSN’s Mindy Grossman, NBCU’s Bonnie Hammer and Fox’s Greta Van Susteren make this year’s 100.