(NEW YORK POST) Martha Stewart gave the phrase “home for the holidays” a whole new twist Thursday when the well-compensated chairwoman of Martha Stewart Living Omnimedia axed about 100 employees.

The layoffs, coming only a week an a half before Christmas, unnerved employees, many of whom left in tears, carrying their belongings in Martha Stewart bags.

The layoffs were the first moves unveiled by former scrap metal executive Daniel Dienst, a former MSO board member who was hired as the new CEO in October.

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