Time Inc.'s Griffin: “People Tired of Hearing About Cutbacks”

In an extensive Day 1 memo to employees, new Time Inc. CEO Jack Griffin said he would seek to improve internal collaboration, expand ways to serve advertisers and build new revenue streams—a message that is lifting spirits at a company with a difficult history of cooperation and massive downsizing.
 
“People are tired of hearing about cutbacks,” one staffer said. “Now, we know where we need to go.”
 
Griffin has received industry praise for expanding the cross-platform marketing capabilities at Meredith, where he most recently led its magazine division.