You have commented 358 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Submit your comments on this article
Economy
Time Inc. Will Lay Off 700 After 5% Ad Decline
2013-01-13
[BUSINESSINSIDER] Time Warner's
...contributed $624,618 to the 2008 Obama campaign...
Time Inc. will lay off up to 700 staffers out of just under 8,000 total as the publisher's new chief struggles to transform famous titles and massive market share into a digital profit center.

The staff cuts will come sometime in the first quarter, said a person familiar with the company's plans, and will be across the board -- not just focused on editorial, where staffing has already been hard hit.

A Time Warner front man declined comment.

Time Inc. revenue fell 6% for the nine months ended in September to $2.5 billion. Profit dropped 14% to $220 million. During that period, it dominated 21.5% of overall domestic magazine advertising.
Posted by:Fred

#9  Hard to peddle left wing propaganda when it can readily be had for free.
Posted by: Thrater Thrineger7877   2013-01-13 22:45  

#8  They can't go out of business soon enough for me.
Posted by: DarthVader   2013-01-13 20:27  

#7  A great many "Free" Of course.
Posted by: Redneck Jim   2013-01-13 17:04  

#6  "still has about 3.5M subscribers"

How many of those are free "subscriptions" to doctors' offices, lg? :-(
Posted by: Barbara   2013-01-13 13:58  

#5  LOL not funny Frank. Seriously, LOL, not funny, these are LOL real hahahahhaha peoples, with dawgs and Mercedes just like, well just like the other folks that work at Time.
Posted by: Shipman   2013-01-13 13:40  

#4  "2013 Person(s) of the Year - Our creditors"
Posted by: Frank G   2013-01-13 13:10  

#3  Time Inc. will lay off up to 700 staffers

Another definition for "good start".
Posted by: gorb   2013-01-13 12:51  

#2  still has about 3.5M subscribers

they may hold out long enough to put Obama on the cover a few more times (so far he has been on the cover 7 times)
Posted by: lord garth   2013-01-13 09:50  

#1  I never Intend to advertise in the Times, and won't now so you can finish going OUT OF BUSINESS right now, and good riddance.
Posted by: Redneck Jim   2013-01-13 09:31  

00:00