Informa purges Elsevier unit staff in wake of buyout
Just a few months after Informa swooped in to buy out Elsevier Business Intelligence and plug it into its own operations, word is spreading that the company purged the staff last week. A variety of sources confirmed to FierceBiotech that at least a dozen writers and editors have been laid off, including Chris Morrison, the widely known editor-in-chief of the group, which puts out The Pink Sheet, IN VIVO, START-UP, and other industry publications. Informa, headquartered in Zug, Switzerland, had also laid off other staffers prior to this round. A spokesperson for Informa did not immediately respond to a query from FierceBiotech over the weekend.