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HX Staffers Better Watch Their Backs

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HX will be undergoing some changes in the next few weeks.

Two different sources tell us CEO Matthew Bank and publisher Gary Lacinski spent yesterday swinging their ax at the sales staff, taking out four employees. One reader writes:

The reason for the cut is that HX is moving in a new direction (whatever that means) and is restructuring the team. Apparently Matthew is hiring a director of marketing. Could it be that they needed to lose four employees to make up for one new one?

Sure, that’s a possibility.

It seems more likely, however, that Bank’s trying to save some dough to fight Manuel Alex Saez’s $1.25 million libel lawsuit. But maybe that’s just us being cynical.

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By:           Andrew Belonksy
On:           Jul 25, 2007
Tagged: , , , , ,
6 Comments

No. 1 · Qjersey · Member · 1174 comments

This ain’t “news,” shit like this goes on all the time at HX, they’ve had more former employees than Enron.

An acquaintance of mine worked for them in sales…they paid shit and gave him ridiculously high “sales targets” to get a bonus. He made the target one month…and then they fired him for BS reasons.

BTW, if Matthew Bank EVER put his face on the masthead… no one would pick up HX. The type of places he endlessly promotes as being filled with hotties and beauties wouldn’t let his fug in if he didn’t own HX.

Posted: Jul 25, 2007 at 10:22 am · @ReplyReply to this comment · [Flag?]
No. 2 · And You Thought Out’s Financial Troubles Were Worrisome / Jossip

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Posted: Jul 25, 2007 at 10:27 am · @ReplyReply to this comment · [Flag?]
No. 3 · nycstudman · Member · 256 comments

Not defending anyone, but salespeople get hired and fired all the time, and magazines – especially local mags that rely on mom-and-pop (or pop-and-pop) retail-level sales. I realize that you guys are proud as shit that you have “moles” in the “organization’ (term loosely applied to HX Media), but you’re beating an old horse. You’re also looking bittah bittah bittah.

Posted: Jul 25, 2007 at 10:39 am · @ReplyReply to this comment · [Flag?]
No. 4 · Hollywood Bedroom » Blog Archive » And You Thought Out’s Financial Troubles Were Worrisome

[...] On the heels of a gogo boy lawsuit, NYC gay weekly HX axes its sales staff. [Queerty] [...]

Posted: Jul 25, 2007 at 10:49 am · @ReplyReply to this comment · [Flag?]
No. 5 · perryoshow · Member · 5 comments

Get a grip, Queerty. NYCStudman is correct and if ANYONE should know, it’s you Andrew! You used to work at HX! And your moles had better watch out they may be the next to go and then who will you have when no one you used to work with is there? S. O. L.

Posted: Jul 25, 2007 at 12:20 pm · @ReplyReply to this comment · [Flag?]
No. 6 · And You Thought Out’s Financial Troubles Were Worrisome at MyQaeda Celebrity Fashion Blog

[...] On the heels of a gogo boy lawsuit, NYC gay weekly HX axes its sales staff. [Queerty] [...]

Posted: Aug 13, 2007 at 2:56 pm · @ReplyReply to this comment · [Flag?]

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