I coulda bought Jezebel.
| Yes, but why would you want to? |
[Axios] G/O Media said Thursday that it's suspending its female-focused brand Jezebel and laying off 23 editorial staffers as part of a broader restructuring.
Why it matters: The cuts are the latest in a string of changes G/O Media has made to its portfolio in recent years amid volatility in the digital media industry.
Catch up quick: G/O Media, the parent to niche consumer websites including Gizmodo, Kotaku and The Root, laid off 13 staffers in June. The company sold its lifestyle website Lifehacker to Ziff Davis in March.
Last month, Axios reported that the company was trying to sell Jezebel.
Details: In a memo to staff Thursday, G/O Media CEO Jim Spanfeller said the company will restructure "a good number of our teams (eliminating some positions while adding some others), rethinking our editorial management structure and making a very painful change to our portfolio."
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