A celebration to end all celebrations…literally.
I had heard the rumors that there were more layoffs to come at Forbes, but given that my salary as a reporter was at the bottom of the newsroom totem pole, I felt certain I would not be a casualty.
Further proof of the fact that I was irreplaceable sat on my desktop: an invitation from Steve Forbes himself to a party for the African economist-turned-author Dambisa Moyo, whom I was interviewing about her new book Dead Aid. It didn’t make sense to invite me to a party and then lay me off. Or so I thought…
Haven’t had enough of the economic roller coaster? Late last night, The Economist put out an April Fool’s press release riffing on the world’s woes.
The Economist can afford to have a sense of humor; the magazine topped off Media Week’s 2009 Magazine Hot List, with ad revenue up 25.5 percent last year.
Not so much at Forbes, whose former employees are circulating a release about the company’s intention to sell one of the four brothers who run it, in order to shore up finances.