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Martha Stewart Fires Nearly 50 Employees After Former CEO Leaves To Join Gwyneth Paltrow At Goop!

Filed under: Martha StewartSad SadBusiness BlitzGIFs

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WOWZA!

Martha Stewart has reportedly fired almost 50 employees in a town hall meeting that took place on Wednesday - nearly one week after former CEO Lisa Gersh left to head Gwyneth Paltrow's Goop.

We're not saying the two things are related, but it's all falling together rather coincidentally! CEO leaves to work for a competitor with a heated history, and workplace chaos ensues during a transition in leadership.

[ Related: Martha Stewart Says Gwyneth Paltrow Should Stick To Acting! ]

A spy inside the meeting revealed workers were crying and very upset by the layoffs - and sales/marketing departments were hit hardest.

What's even worse -

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