Sara Nelson To Leave Publishers Weekly

The New York Times reported on Monday that:

Sara Nelson, the editor in chief of Publishers Weekly, the main trade magazine to the book industry, has been laid off in a restructuring by the publication’s parent company, Reed Business Information. . .
Like the industry it covers, Publishers Weekly has suffered from a downturn in the retail economy as publishers have stopped advertising their upcoming books in the magazine. In past years, publishers used the magazine as a way to inform booksellers of the buzz on upcoming titles, but now most publishers communicate directly with bookstores and executives at the biggest book chains.