Priscilla Painton's Time Exit: What Happened?

So 20-year-vet Priscilla Painton is out at Time and now the mag is down to, uhh, barely any high-ranking female employees. It’s all due to how Rick Stengel has been playing fast & loose with Time ever since he came on board.

Competing angles on the story:

1. Over at Gawker, Maggie Shnayerson coins the term “Time/life-er” for the magazine vet and got her hands on the memo as well. The gist: Mag veteran out, staff stunned, party line that Painton was looking to move on to new projects accepted.

2.

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