Mad Magazine
Now playing
03:19
'Mad Magazine:' 60+ years of satire (2013)
John Avlon 0413 Wallace
CNN
John Avlon 0413 Wallace
Now playing
03:31
Avlon compares Tucker Carlson's comments to George Wallace
Fox News/Twitter
Now playing
01:33
ADL wants Fox News to fire Tucker Carlson over racist comments
Now playing
01:54
'You think I'm racist': Former Fox News host storms off camera
CNN
Now playing
03:37
'The fraud is this farce': Cuomo calls out Fox News host
CNN
Now playing
05:00
Watch Alisyn Camerota sign-off CNN's New Day
Camerota Berman both
CNN
Camerota Berman both
Now playing
02:33
CNN anchor Alisyn Camerota gets surprise tribute from co-anchor
CNN/HBO/"Q: Into the Storm"
Now playing
05:35
Filmmaker says he potentially uncovered man behind QAnon
BOSTON, MA - AUGUST 30:  Anti-vaccine activists hold up signs during a protest in front of the Massachusetts State House against Governor Charlie Baker's mandate that all Massachusetts school students enrolled in child care, pre-school, K-12, and post-secondary institutions must receive the flu vaccine this year on August 30, 2020 in Boston, Massachusetts.  (Photo by Scott Eisen/Getty Images)
Scott Eisen/Getty Images
BOSTON, MA - AUGUST 30: Anti-vaccine activists hold up signs during a protest in front of the Massachusetts State House against Governor Charlie Baker's mandate that all Massachusetts school students enrolled in child care, pre-school, K-12, and post-secondary institutions must receive the flu vaccine this year on August 30, 2020 in Boston, Massachusetts. (Photo by Scott Eisen/Getty Images)
Now playing
03:06
Research exec: Far-right groups pushing vaccine as 'mark of the beast'
stelter chauvin trial international coverage kethevane gorjestani sot rs vpx_00000000.png
stelter chauvin trial international coverage kethevane gorjestani sot rs vpx_00000000.png
Now playing
02:19
How the rest of the world is covering the Derek Chauvin trial
CBS This Morning
Now playing
01:57
Hunter Biden makes rare comment about seized laptop
Fox News
Now playing
03:43
Tucker Carlson's interview with Gaetz gets uncomfortable
NEW YORK, NY - FEBRUARY 09: News headlines on the impeachment trial of Donald Trump are displayed outside of the Fox headquarters on February 09, 2021 in New York City. After listening to nearly four hours of legal arguments, the Senate has voted on Tuesday to move ahead with the impeachment trial of former President Trump. (Photo by Spencer Platt/Getty Images)
Spencer Platt/Getty Images
NEW YORK, NY - FEBRUARY 09: News headlines on the impeachment trial of Donald Trump are displayed outside of the Fox headquarters on February 09, 2021 in New York City. After listening to nearly four hours of legal arguments, the Senate has voted on Tuesday to move ahead with the impeachment trial of former President Trump. (Photo by Spencer Platt/Getty Images)
Now playing
04:03
Dominion Voting Systems files $1.6 billion lawsuit against Fox News
 President Donald Trump waves as he departs on the South Lawn of the White House, on December 12, 2020 in Washington, DC.
Al Drago/Getty Images
President Donald Trump waves as he departs on the South Lawn of the White House, on December 12, 2020 in Washington, DC.
Now playing
01:35
Trump praises Capitol rioters 'hugging and kissing the police'
Now playing
01:33
Meghan McCain is, again, in the hot seat over diversity comments
Now playing
01:51
John Oliver calls out Meghan McCain's response to Atlanta shootings
(CNN Business) —  

Family Circle, the monthly home magazine for women that launched in 1932, will close after its December issue publishes.

Parent company Meredith (MDP) acquired Family Circle from publisher Gruner + Jahr USA in 2005. The magazine has 13 million readers and more than 1 million followers on social media, according to Meredith (MDP)’s site. The company said the magazine has a circulation of 4 million.

Meredith spokesperson Art Slusark told CNN Business that about 70 employees out of Meredith’s 6,000 employees were laid off on Wednesday, including about 25 staffers from Family Circle.

A copy of Family Circle
Daniel Acker/Bloomberg/Getty Images
A copy of Family Circle

Some of the leadership at Family Circle will take on new roles at other Meredith-owned brands. Slusark said that Meredith plans to add more than 200 jobs in digital, video, consumer marketing and e-commerce as part of the $50 million strategic investments the company announced at its earnings call last month.

This move to shut down Family Circle is among a slew of recent changes Meredith has made to its portfolio of magazine brands after acquiring Time Inc. in 2018. Meredith sold off some of its acquisitions from Time Inc., including Time, Fortune and Sports Illustrated, but has kept women-focused brands like Real Simple, Martha Stewart Living and Southern Living. Earlier this week, Meredith announced it will launch a new lifestyle magazine with the identical twin TV hosts Drew and Jonathan Scott of HGTV series “Property Brothers” in January 2020.

Meredith now claims to reach about 90% of U.S. millennial women. But despite its intended audience fitting into that category, Family Circle is closing.

“When we acquired the Time Inc. portfolio of media brands in January 2018, we doubled our presence in the women’s lifestyle category. Our portfolio philosophy continues to emphasize investing in brands that are market leaders and/or possess the highest growth potential. Sometimes, that means making hard decisions,” Doug Olson, president of Meredith Magazines, said in a statement.

Rory Evans, former executive editor of Family Circle, is joining Real Simple as executive editor. Cheryl Brown, former editor-in-chief of Family Circle, is now executive editor of Health. Brendan Smyth, former publisher of Family Circle, is now the publisher of Health.