Media Giant Axes 250

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NEW YORK After two rounds of cutbacks at Time Inc., the company orchestrated its most massive layoff to date, slashing 250 jobs across a lengthy list of titles.

Time Inc.’s employee base has shrunk to 12,000 from 13,000, due in part to the sale of its book group and a total of 455 layoffs over the past four months.

The cuts came from mid- and junior-level publishing positions across consumer marketing, sales, production and public relations at various titles.

Among





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