09/27/2010 05:12 am ET | Updated May 25, 2011

Newsweek Staffers Forced To Squeeze

In a memo to employees last week, Newsweek senior vice president of operations and chief information officer Joseph Galarneau revealed the magazine is delaying a planned move from its 395 Hudson Street offices in New York's West Village to a space in Midtown at 888 Seventh Avenue. The new timetable should keep the newsweekly from having to pack up shop twice should its new owners have their own real estate agenda, but comes with a catch: the magazine will have to merge from two floors to one.

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