Reader’s Digest Canadian Operations announced the lay-off of Peter Stockland, VP and Editor-in-Chief, English Magazines. The company said in a news release Stockland’s position will be replaced by his former French counterpart Robert Goyette, who received a promotion to VP, Book Editorial and Editor-in-Chief, Magazines. RD said the move is part of its recession plan to cut costs including a total reduction of 15 permanent jobs in Canada. The release quoted president and CEO Tony Cioffi: “These recession measures were required to face this difficult economic situation…”
It was less than two years ago that Stockland was being lauded for his ambitious work and for making Reader’s Digest “noticed.”
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