Time Inc. Streamlines Structure, Eliminates Jobs
The reshaping of Time Inc. continues. According to a memo from Joe Ripp, Time Inc.’s CEO, the company is streamlining its structure by eliminating the brand clusters (like Style Group, News Group, etc.) and therefore, cutting jobs. The biggest departure is that of David Geithner, who had been with Time Inc. for over 20 years. Ed Kelly, CEO of American Express Publishing is also out.
Without the brand groupings, Evelyn Webster and Todd Larsen will be taking on larger roles.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in