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Short Take: The Standard cuts staff

The Industry Standard says that it has dismissed 36 employees, or 7 percent of its staff, as a restructuring measure. The company named several new top managers, including Chris Patelis, former chief operating officer, as president. Ann-Marie McGowan, former executive vice president, will take over his position. The company also tapped John Loomis, a principle of The CTO Group, as chief technology and information officer. The layoffs were focused on marketing and online Web services.

The Industry Standard says that it has dismissed 36 employees, or 7 percent of its staff, as a restructuring measure. The company named several new top managers, including Chris Patelis, former chief operating officer, as president. Ann-Marie McGowan, former executive vice president, will take over his position. The company also tapped John Loomis, a principle of The CTO Group, as chief technology and information officer. The layoffs were focused on marketing and online Web services.