72°
Baton Rouge, Louisiana
3 Day Outlook
Wed
87°
70°
80%
Thu
86°
70°
60%
Fri
86°
70°
60%

Latest Weather Blog

Follow our weather team on social media

Time layoffs

2 years ago January 30, 2013 Jan 30, 2013 Wednesday, January 30 2013 Wednesday, January 30, 2013 6:33:48 PM EST in News
Source: Associated Press

Time Inc., the magazine unit of Time Warner Inc., is cutting 500 people from its global staff. The cuts began Wednesday and will effect U.S. and international workers. Time Inc. has about 8,000 employees. The Time CEO says the company must become leaner, more nimble, and operate on multiple platforms. The unit publishes Fortune, InStyle, People, Real Simple and Time. Time Warner is expected to release its fourth-quarter earnings next week.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
Scattered T-Storms
84°
69°
Wed
PM T-Storms
87°
70°
Thu
Scattered T-Storms
86°
70°
Fri
PM T-Storms
86°
70°
Sat
Scattered T-Storms
85°
69°