Forbes staffers fear more layoffs

Forbes' advertising pages dropped more than 30 per cent in 2009.

The staffers of US business magazine Forbes are expecting another reshuffle and some more layoffs, business website Businessinsider.com reported on Thursday. For the second time in a year, the US publishing and media house is shifting its office premises back to its building in the New York City.

Forbes' advertising pages dropped more than 30 per cent in 2009. It had laid off several employees last year and merged its print and online edition's staffers twice - once in April and then in October.

Forbes recently hired six previously laid-off staff writers as freelancers. It is also planning a website redesign.