Nielsen Business Media told
employees Tuesday, February 16, that it is shutting down
Training
magazine and its companion Web site, trainingmag.com, according to a
Nielsen Co. spokesperson.
The publication is widely recognized in the HR industry, particularly
for its popular and well-respected list of best companies for training,
the Training Top 125. Winners for the 2010 list were named
earlier this month, according to the Training Web site, and include IBM,
Ritz-Carlton, Ernst & Young, PricewaterhouseCoopers and EMC.
The companies were honored at an awards gala at the San Diego
Convention Center on February 1, according to Training’s Web
site.
The March issue will be the publication’s last. The move includes the
elimination of 11 positions, the spokesperson said. Editor in chief
Lorri Freifeld had no comment on the publication’s pending closure.
“Things, themes and publications evolve, as our field shifted from
training to a broader focus on learning,” said workforce learning
consultant Elliott Masie, of training industry firm the Masie Center in a
newsletter regarding the publication’s closure. “But, it is also
important to remember and honor the people that contributed to the
development of our field. Jim Secord and Phil Jones were two colleagues
that grew the publication and helped to champion the industry. I have
fond memories of them, their teams and the dialogues that were triggered
by their publications.”
Nielsen Co. is exiting the trade publishing business; in addition to
closing some publications, it is selling others. The company recently
sold Billboard and The Hollywood Reporter to e5 Global
Media.
Additionally, Nielsen was able to sell Commercial Property
Executive and Multi-Housing News after shutting them down
in the fall. Yardi Systems, a provider of property management software,
acquired the titles late last year.
