Playboy Group will close offices in New York on May 1, which will mean the elimination of certain positions, in an operation to reduce costs, announced Monday, spokesman for the adult magazine, Martha Lindeman.
Playboy Enterprises Company recorded losses of more than 100 million dollars
`We are in the process of closing offices in New York, the purpose is to rally our printed publications and on-line to Chicago,` said Martha Lindeman. It added that the group has proposed the approximately 100 employees in New York to join the Chicago, but most of them did not want to move and preferred to leave the company. Once this achieved, Playboy will maintain a presence editorial and commercial minimum in New York, the spokesman added.

Playboy Enterprises Company recorded losses of more than 100 million dollars in the fourth quarter of 2008, following the depreciation of assets. Playboy has announced that it will take restructuring measures in the first two quarters of 2009.

Hugh Hefner`s magazine appeared in 1953 and published in time, nude photos of celebrities including Marilyn Monroe, Kim Basinger, Drew Barrymore and Pamela Anderson.