Time Inc.'s Latest Slashing: 250?

Keith Kelly‘s sources say it will be “bloody.”

Well, what else could triple-digit layoffs be? Word is the latest round of cuts at Time Inc. could come as early as today. The Time mothership could lose 70 editorial staffers.

Hard numbers are hard to come by due to the unionized portion of Time Inc. employees with buyout options.

UPDATE: Via Gawker.

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