Time Inc. to Layoff 600

We told you last week about major layoffs at Time Inc.’s Southern Progress Magazines and it looks like they may have been an early warning sign for larger cuts to follow. The NYT is reporting that Time Inc. has plans to cut 6% of its workforce, the equivalent of 600 positions and “revamp the organization in a way that could radically alter the culture at the company.” Apparently none of the titles are being cut, however an already planned overhaul by Ann S.