Time Inc. And Labor Group Come To An Agreement

Time Inc. has reached a tentative agreement with the labor group that represents some 300 Time employees, Folio: is reporting. Final approval of the agreement rests on the result of an upcoming meeting.

If approved, the agreement will ensure that management at Time Inc. will have “more flexibility” in it dealings with employees. Additionally, the agreement, as it stands, will result in a three year contract for Time Inc. staffers, complete with annual pay increases and increased job security.