Martha Stewart has got rid of 70 staff from her lifestyle company as she downsizes, it was revealed today.

Workers only began to return to their offices in lower Manhattan on Thursday after flooding from Hurricane Sandy, where they learned of the news. Many reportedly found out they lost their jobs via email.

Living Omnimedia Inc has cut publishing jobs as it increasingly focuses on online video and other digital content.

The lifestyle, media and merchandising company said on Thursday that the move could save it $33 to $35 million per year.

Although the official statement did not reveal how many employees were being eliminated, the New York Times claimed that 70 workers would be let go – 12 per cent of the 600-person company.

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