Employees at Scientific American magazine were told this week that their publication is being sold to LabX Media Group.
There will be layoffs as part of that process, according to a memo sent to staffers: "As part of that transition, LabX has evaluated the organizational structure it believes is necessary to support the business going forward. Unfortunately, this means that not all current employees will be transitioning to the new company."
A rally is being held next Tuesday. Details in thin link, which I was asked to pass on by one of the people laid off.