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BREAKING NEWS & VIEWS
Hundreds of Layoffs in Store at Time Inc. Time Inc. announced in a memo yesterday (Oct. 28) that the company is undergoing a major reorganization which will likely result in the loss of 6% of the magazine publisher's workforce (app. 600 jobs). The layoffs are expected to begin in two weeks, though no magazines are scheduled to close, as reported by the New York Times. Executives at Time Inc. were unavailable for comment. If you have breaking news to share please contact Steve Smith at ssmith@accessintel.com COMMENTS
1.
i work there and the memo said nothing about layoffs. have you even read it?
Posted by anonymous on Wednesday, October 29, 2008 @ 12:57 PM
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