…
…
Business
Business Desk · · 30s summary · 4 min read
Jan Wachtel, head of Hubert Burda Media's media division (8,600 employees, 449 titles), stepped down in June 2026 after approximately six months in the role, according to Handelsblatt. Burda announced his departure on the eve of a press inquiry from the German business daily. The official reason: inability to achieve consensus on the division's strategic direction. Wachtel's strategic plan, developed with external consultancy OC&C Strategy Consultants, was reportedly rejected by shareholders before even being presented to internal teams. He is succeeded by Elisabeth Varn. No decisions on staff or portfolio will be made until the new strategy is finalized.
Jan Wachtel, head of Hubert Burda Media's media division (Mediensparte), stepped down in June 2026 after approximately six months in post, according to Handelsblatt. His departure was announced hastily by the group on the eve of a press inquiry from the German business daily.
The official reason cited by Burda for Wachtel's departure is the inability to achieve 'sufficient consensus on the future strategic direction' of the media division.
sufficient consensus on the future strategic direction
— Hubert Burda Media, cited by Handelsblatt
To define the media division's strategy, Wachtel commissioned OC&C Strategy Consultants, an international strategy consulting firm specializing in media and retail sectors. The editors-in-chief of flagship brands Focus and Bunte were not involved in this process.
The consultancy's findings were reportedly rejected at board level before even being presented to internal teams.
Wachtel had also hired Stefan Ottlitz, former co-CEO of Spiegel-Verlag and expert in paid content strategies, as digital chief. Shareholders reportedly did not approve this appointment; Ottlitz's arrival at Burda remains uncertain.
In May 2026, Wachtel closed the Burda Studios production unit, eliminating around 30 jobs.
Tichys Einblick, a right-leaning German online news and opinion portal, had reported a plan to cut around 300 editorial jobs. Handelsblatt disputes this figure, asserting that no such plan ever existed at that scale.
Elisabeth Varn, known as 'Eli' and former co-CEO of Burda-Verlag, has been appointed as Wachtel's successor heading the media division. The new strategy is being developed jointly with CFO Lydia Rullkötter.
According to a group spokesperson, no concrete measures—regarding staffing or portfolio—will be announced until the strategy is finalized. Burda is examining the future of HolidayCheck, its hotel comparison and travel booking platform, among other assets.
Hubert Burda Media, founded in 1908 in Offenburg, employs 8,600 people and holds a portfolio of 449 media titles. According to Handelsblatt, none of these titles are currently in growth mode, a sign of structural pressure bearing down on the group amid the digital transition.
BurdaForward, Burda's digital subsidiary operating Focus Online, Chip.de and TV Spielfilm.de, has relied heavily on Google organic search traffic without building direct, lasting relationships with readers. This dependency represents a structural weakness compounded by repeated Google algorithm updates since 2022.
The illustrations in this article are generated by artificial intelligence.
No comments yet. Be the first to react.
Stefan Ottlitz's actual arrival at Burda is not confirmed: his appointment as digital chief was reportedly not approved by shareholders.
The content of the group's new strategy remains unknown. No decisions have been announced regarding holdings, including HolidayCheck. No timeline has been shared.
The group cited lack of 'sufficient consensus on future strategic direction.' In practice, OC&C Strategy Consultants' findings—commissioned by Wachtel—were reportedly rejected by the board without being presented to teams. A digital chief hired by Wachtel also saw his appointment blocked by shareholders.
Elisabeth Varn, former co-CEO of Burda-Verlag, has taken over from Jan Wachtel. She is developing the new strategy jointly with CFO Lydia Rullkötter.
A figure of 300 job cuts advanced by Tichys Einblick was disputed by Handelsblatt. Only the May 2026 closure of Burda Studios has resulted in around 30 job losses. No other decisions have been announced while awaiting strategy finalization.
BurdaForward is Burda's digital subsidiary, operating Focus Online, Chip.de and TV Spielfilm.de. It has built its audience primarily on Google search rankings without developing direct reader relationships. This dependency makes it vulnerable to Google algorithm updates.
No specific timeline has been announced. A group spokesperson indicated that no concrete measures—regarding staffing or portfolio—will be announced until the strategy is finalized.