No numbers yet, but CEO Steve Forbes sent out a note to staff warning them that dark days cometh at the business magazine:
"We — and the entire media world — have been hit hard by both the severe recession and the seismic shifts wrought by the Web. Given these dramatic events, further layoffs, unfortunately, are necessary across the entire organization. We are grateful to our colleagues and friends for the enormous contributions they have made to Forbes over the years. We thank them for all they have done and are deeply saddened by this course of events."
Sad, but at least they're much nicer than their competitors at Fortune, where executives at the parent company practically told employees not to let the door hit them in the ass on the way out.
More Layoffs at Forbes Magazine [Media Decoder/NYT]