CEO Jack Griffin Promises No Job Cuts at Time Inc.

Time Inc. employees can breathe a sigh of relief knowing that they will not find a pink slip in their stocking this holiday season.   Jack Griffin took on the CEO role at the end of September and is closing out the calendar year by assuring all of Time’s 8,000 workers that they will be retained for 2011.  Keith Kelly of NYPost.com adds that Griffin will not sell any of the company’s domestic or international magazine divisions.

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