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Individual Investor cuts staff

Financial media company Individual Investor Group said it cut 20 percent of its staff, or 15 employees, and implemented a cost-cutting plan, moves the company expects will improve its operating margins. The New York-based company, which employed 75 people before the layoffs, according to CFO Gregory Barton, publishes Individual Investor magazine and Individualinvestor.com.

Financial media company Individual Investor Group said it cut 20 percent of its staff, or 15 employees, and implemented a cost-cutting plan, moves the company expects will improve its operating margins. The New York-based company, which employed 75 people before the layoffs, according to CFO Gregory Barton, publishes Individual Investor magazine and Individualinvestor.com.