'SI' Layoffs Could Start Today
Fabled mag could suddenly find itself a lot less Illustrated
Sports Illustrated was expected to begin layoffs as early as Thursday as the weekly tries to wring cost savings out of the organization. SI asked for volunteers about three weeks ago to avoid laying off up to 16 people, mainly in editorial. (The actual amount would depend on the salaries of the people who take the buyout.)
Only three are known to have stepped forward, though—perhaps not unexpectedly, given the weak job market and the fact that Time Inc.
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