Roughly 22 people have been affected by layoffs at the Hollywood Reporter-Billboard Media Group, as well as its corporate owner Valence Media, individuals familiar with the staff reduction told Variety.

Dana Miller, chief marketing officer for both the show business and music trade publications, was cut — as well as several of her New York-based staff, the insiders said. Miller departs in the middle of the hectic awards season at THR. Her duties included programming Billboard’s annual Women in Music event.

Billboard magazine managing editor Jayme Klock was also laid off, according to multiple people with knowledge of the newsroom. As many as five departments lost employees in an ongoing reorganization, another person with knowledge of the company said.

THR-Billboard was acquired and folded into Valence last February, along with Dick Clark Productions and “House of Cards” producer Media Rights Capital.

While those close to Valence say the reorganization will...