Beliefnet reports that Christianity Today International is closing four publicatiosn and layingg off 31 employees. President and Publisher Harold Smith blamed the "perfect storm" that is hitting the publishing industry today.
According to a plan announced Friday (May 22), two magazines will
fold: Today's Christian Woman and the Campus Life College Guide, which targets Christian undergrads. CTI will also cease to publish Glimpses, a worship bulletin insert with stories from Christian history, and Church Office Today, a bi-monthly newsletter read by church administrators.
The moves, which reduce CTI staff numbers by 22 percent to 108 employees, mark the latest attempt to cut costs at Carol Stream, Ill.-based CTI. In January, the organization shuttered two other magazines -- Marriage Partnership and Ignite Your Faith -- and sold a third, Today's Christian.
President and Publisher Harold Smith called the latest actions "necessary."
"We find ourselves -- as does our industry -- in the midst of a perfect publishing storm," Smith said in a written statement. "The impact on employees who are truly gifted -- and the impact on the church as a whole -- is a sobering reality for me and the entire CTI team that remains."
CTI will continue with nine publications including its most popular titles, Christianity Today and Leadership Journal.
Beliefnet reports that Christianity Today International is closing four publicatiosn and layingg off 31 employees. President and Publisher Harold Smith blamed the "perfect storm" that is hitting the publishing industry today.
