The quarterly magazine has been reduced to three issues a year. CD reviews editor Tom Moore has been laid off.
Subscriptions are said to be markedly down and the board has ordered immediate economies.
Donald Rosenberg was brought in as editor in April 2014 in the hope of boosting circulation. A former critic on the Cleveland Plain Dealer, Rosenberg shrank review coverage and beefed up the news side with such headlines as Battle of the Early Bands. But decline has continued and the board was forced to act fast.