Time Warner Might Leave Manhattan
Time Warner Inc. is searching for a new home. According to Crain’s the New York Times, the company wants to shrink its considerable office space and has begun asking New York, Connecticut and New Jersey officials about the incentives it could get if it moved.
Last week, Jeffrey Bewkes, the CEO of the tiny, cash-strapped mom and pop organization, told the New York Times that merely reducing its physical size could save the company about $150 million.
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