Layoffs Anticipated at Time Inc.
According to WWD, Time Inc. staffers are gearing up for some pink slips.
Rumors are racing as employees anticipate layoffs to come as early as next week. Just last month its CEO Joe Ripp informed employees the company was going to reduce costs before it spins off later this year from Time Warner.
Although the piece didn’t provide insight in terms of where most of the layoffs will occur or the number of pink slips to be doled out, an inside source indicated the corporate side was going to get hit.
“We’re very lean and mean here anyway.
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