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500 layoffs expected today at Time Inc.
NY Post ^ | 2/4/14 | Keith J. Kelly

Posted on 02/04/2014 9:59:47 AM PST by jimbo123

Tuesday is D-day at Time Inc.

Around mid-morning, staffers are expected to start hearing how deep the cuts will be as Time Inc. CEO Joe Ripp unveils what is likely the last big downsizing before Time Warner spins off the publishing group as a separate company later this year.

“It’s very nerve racking,” said one source inside the company that publishes People, Time, Sports Illustrated and In Style.

(Excerpt) Read more at nypost.com ...


TOPICS: News/Current Events
KEYWORDS: hopeychangey; jobs; layoffs; obama; time; unemployment
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1 posted on 02/04/2014 9:59:47 AM PST by jimbo123
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To: abb; weegee

2 posted on 02/04/2014 10:01:21 AM PST by martin_fierro (< |:)~)
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To: jimbo123

Magazines are the first to go in a down economy followed by restaurants and clothing stores.


3 posted on 02/04/2014 10:01:49 AM PST by stars & stripes forever (Blessed is the nation whose God is the Lord.)
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To: jimbo123

They still have 500 employees?


4 posted on 02/04/2014 10:02:03 AM PST by Paine in the Neck (Socialism consumes everything)
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To: jimbo123

obama’s fault!


5 posted on 02/04/2014 10:02:52 AM PST by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: Paine in the Neck

LOL!


6 posted on 02/04/2014 10:02:54 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: jimbo123

I hate for anyone to lose his job, as it affects so many innocents like children, etc. Still, in some instances, the Schadenfreude bubbles up......


7 posted on 02/04/2014 10:03:01 AM PST by clintonh8r (Don't twerk me, Bro!)
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To: martin_fierro

LOVE THAT!


8 posted on 02/04/2014 10:03:09 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: jimbo123

Running Obama in the cover of about every 5th issue didn’t send sales through the roof?


9 posted on 02/04/2014 10:05:05 AM PST by Fido969 (What's sad is most)
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To: jimbo123

GREAT START!!!

Hope OTHER mainstream media organs follow suit.

Extinction of the Dodo Birds!!!


10 posted on 02/04/2014 10:05:51 AM PST by ZULU (Magua is sitting in the Oval Office. Ted Cruz/Phil Robertson in 2016.)
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To: jimbo123

Feel good story of the day!


11 posted on 02/04/2014 10:06:05 AM PST by albie
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To: jimbo123

“Time Is On My Side”
Rolling Stones

Time is on my side, yes it is
Time is on my side, yes it is
Now you always say
That you want to be free
But you’ll come running back (said you would baby)
You’ll come running back (I said so many times before)
You’ll come running back to me
Oh, time is on my side, yes it is
Time is on my side, yes it is
You’re searching for good times
But just wait and see
You’ll come running back (I won’t have to worry no more)
You’ll come running back (spend the rest of my life with you, baby)
You’ll come running back to me
Go ahead, go ahead and light up the town
And baby, do everything your heart desires
Remember, I’ll always be around
And I know, I know
Like I told you so many times before
You’re gonna come back, baby
Cause I know
You’re gonna come back knocking
Yeah, knocking right on my door
Yes, yes!
Well, time is on my side, yes it is
Time is on my side, yes it is
Cause I got the real love
The kind that you need
You’ll come running back (said you would, baby)
You’ll come running back (I don’t always said you would)
You’ll come running back (I won’t have to worry no more)
Yes time, time, time is on my side, yes it is
Time, time, time is on my side, yes it is
Oh, time, time, time is on my side, yes it is
I said, time, time, time is on my side, yes it is
Oh, time, time, time is on my side
Yeah, time, time, time is on my side


12 posted on 02/04/2014 10:06:35 AM PST by Red Badger (Proud member of the Zeta Omicron Tau Fraternity since 2004...................)
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To: jimbo123

If you work for a company that was sold for $1, you kind of have to expect this, don’t you?


13 posted on 02/04/2014 10:07:05 AM PST by PGR88
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To: Diana in Wisconsin

14 posted on 02/04/2014 10:07:23 AM PST by martin_fierro (< |:)~)
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To: Fido969

15 posted on 02/04/2014 10:07:39 AM PST by jimbo123
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To: jimbo123
Does Time have any advertizing anymore?

Content?

16 posted on 02/04/2014 10:09:22 AM PST by Paladin2
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To: stars & stripes forever
Magazines are the first to go in a down economy followed by restaurants and clothing stores.

I use a very popular Mexican restaurant/bar on the West side of town in the large metro area I live in as a barometer. It is usually packed - not a parking space visible - in fair to good economic times. Lately, it's been about half full at peak restaurant/bar hours (7:00-10:00). I can imagine the management is biting their nails down to nubs.

17 posted on 02/04/2014 10:10:32 AM PST by fwdude ( You cannot compromise with that which you must defeat.)
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To: Paine in the Neck

HAHA!! That was my first thought too!!


18 posted on 02/04/2014 10:10:46 AM PST by Fedupwithit (Your opinion: It's all yours....don't expect me to listen to it, or even acknowledge it..)
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To: jimbo123

Attempting to feel pity....

No pity available. Nor deserved. They wanted to work for a communist mouthpiece for the almighty dollar. Now they have no mouthpiece or dollars. Perhaps their families can direct them into a more pro American job.


19 posted on 02/04/2014 10:11:14 AM PST by Norm Lenhart
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To: jimbo123

HA! friggin HA!...


20 posted on 02/04/2014 10:11:30 AM PST by AngelesCrestHighway
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To: jimbo123

Gee!...Wanna bet they all didn’t vote for Odinga?


21 posted on 02/04/2014 10:12:32 AM PST by AngelesCrestHighway
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To: jimbo123
They shilled for Obama, and as Claire Booth Luce (the wife of the former owner of Time) once said:

No good deed goes unpunished.

22 posted on 02/04/2014 10:14:41 AM PST by who_would_fardels_bear
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To: who_would_fardels_bear

Cue up the Chambers Brothers...


23 posted on 02/04/2014 10:19:01 AM PST by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
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To: jimbo123

There’s a certain SI writer that took on a poorly written vendetta against my alma mater this past fall that I hope to be shown the door.


24 posted on 02/04/2014 10:20:12 AM PST by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: jimbo123

“It’s very nerve-wracking ...”

“After decades of foisting off our bigoted fiction as news and analysis, we’ve finally got competition that’s eating our lunch! We’re just not used to being mere peasants, after all ...”


25 posted on 02/04/2014 10:20:37 AM PST by IronJack
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To: jimbo123

“CEO Joe Ripp unveils what is likely the last big downsizing before Time Warner...”

Joe Ripp? In charge of the layoffs? You can’t make this stuff up!


26 posted on 02/04/2014 10:26:08 AM PST by Tallguy
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To: jimbo123

Awwwww. The leftist rag is having financial trouble.


27 posted on 02/04/2014 10:28:56 AM PST by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
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To: jimbo123

Riffed by Ripp


28 posted on 02/04/2014 10:30:57 AM PST by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: jimbo123

The last issue of Time Mag I looked at was 64 pages, 24 of which were ads.


29 posted on 02/04/2014 10:35:18 AM PST by Rebelbase (Tagline: optional, printed after your name on post)
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To: jimbo123

Are they still a part of AOL-Time-Life-Warner-Turner-Etc-Etc...?


30 posted on 02/04/2014 10:38:03 AM PST by Pan_Yan (Who told you that you were naked? Genesis 3:11)
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To: jimbo123

Time is laying off?

Does this mean the clock in my Obamafone will not work?


31 posted on 02/04/2014 10:39:47 AM PST by Da Coyote
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To: jimbo123

Guess it’s time for a rerun of the “We’re ALL Socialists Now” cover.


32 posted on 02/04/2014 10:41:12 AM PST by Buckeye McFrog
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To: jimbo123

What happens when you remain the Dems Party Organ in these modern times. Even Pravda had to adjust


33 posted on 02/04/2014 10:41:22 AM PST by SeminoleCounty (A Theory is not a Fact....It is not called the "Fact of Evolution")
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To: Pan_Yan

Yes.

“where ideology trumps profits”


34 posted on 02/04/2014 10:41:35 AM PST by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: jimbo123

I was a subscriber. I found myself leafing through pages without reading anything but a few of the depth articles. But generally it was a waste as is Sports Illustrated. Maybe they should just can the editors. I like to read print. I also like content.


35 posted on 02/04/2014 10:44:45 AM PST by ex-snook (God is Love)
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To: stars & stripes forever

Best news so far this year. But it’s still early and time enough for obozo to be removed from the Spite House!


36 posted on 02/04/2014 10:52:15 AM PST by Dick Bachert (Ignorance is NOT BLISS. It is the ROAD TO SERFDOM! We're on a ROAD TRIP!!)
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To: jimbo123

I’m with a company that hires a lot of writers. A lot of writers that we’ve hired in the past were unfortunately journalists.

I can tell you from experience that this group are the laziest group of entitled know-it-alls that you’ll ever meet.

It’s kind of funny that we’ll often place an ad for a position, and we’ll get literally 1000 applicants for that one position.

Many of these journalism majors are so sure that they’re a great catch for any employer and are holding off until they get the job offer they deserve.


37 posted on 02/04/2014 10:58:29 AM PST by MNDude
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To: fwdude

Our small town had a similar restaurant. It had enthusiastic and loyal customers and no competition. It was always full until 2008. It began running specials. Hired a different chef. Cut its hours. Then chintzed on the portions. Then closed for the winter. Then closed.

The building is for sale and has been for 2 years. Good corner location right on the highway as you enter/leave town. New-ish kitchen. No one has purchased it. Some folks tried getting a syndicate together, but there were no takers with enough cash to make it happen.

The supper club across the street closed at around the same time and is now a church.


38 posted on 02/04/2014 11:02:12 AM PST by reformedliberal
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To: martin_fierro

Finally, I am rich!


39 posted on 02/04/2014 11:02:14 AM PST by ConservativeChris (I feel like Marvin Boggs!)
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To: Paine in the Neck

“They still have 500 employees?”

Beat me to the exact comment.


40 posted on 02/04/2014 11:07:10 AM PST by Proud2BeRight
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To: Rebelbase

I had the Time from November 1963 when I gave it to my son last year.

It had 250 pages with everything from news to sports and theater reviews.

.


41 posted on 02/04/2014 11:09:28 AM PST by Mears
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To: jimbo123

Trying to feel any sense of sorrow. Nope, I just can’t manage to give a tinker’s damn.


42 posted on 02/04/2014 11:11:50 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: Norm Lenhart
I certainly hope that no true conservatives work for them, even tangentially. If liberals, I hope they lose their shirts, cars, homes, etc. And then I hope for a very cold winter.

These fascists are worse than our sworn enemies. They are every bit as evil and condemnable as rabid Islamo-fascists.

43 posted on 02/04/2014 11:13:12 AM PST by fwdude ( You cannot compromise with that which you must defeat.)
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To: Paine in the Neck

Beat me to it. I figured they had like 50 writers, maybe 10 guys in IT, 10 graphic designers and some managers.


44 posted on 02/04/2014 11:31:00 AM PST by gura (If Allah is so great, why does he need fat sexually confused fanboys to do his dirty work? -iowahawk)
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To: jimbo123

It’s all good, Obama believes in income equity, so the checks in the mail....


45 posted on 02/04/2014 11:34:32 AM PST by 12th_Monkey (One man one vote is a big fail, when the "one" man is an idiot.)
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To: jimbo123


46 posted on 02/04/2014 11:38:24 AM PST by SoFloFreeper
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To: Paine in the Neck

one thing for certain, they have 500 employees that are not critically essential to their magazine. not for long though.


47 posted on 02/04/2014 11:41:38 AM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: MNDude

Oh there is so much truth there.SO much truth.

I worked with a bunch of them at a newspaper. High turnover, low output and zero knowledge of their ‘craft’ much less the world around them. But they DESERVED. Oh how they DESERVED. Because J school taught then the most important thing.

They DESERVED.


48 posted on 02/04/2014 11:43:45 AM PST by Norm Lenhart
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To: jimbo123

it won’t be long before barrycades decides it’s a national security issue to bail out and take over all us media companies. and then passes a law requiring all households to subscribe to three periodicals a year or face fines and jail time.


49 posted on 02/04/2014 11:45:50 AM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: MNDude

if you ever hung around with journalism majors in college, you’d have known that very shortly. i had several friends that were, and i worked on the college paper as a graphics editor doing my engineering courseload, and journalists, history/poli sci majors, education majors, psychology, and undeclared arts/sciences majors werethe laziest people and the biggest time wasters and partiers.


50 posted on 02/04/2014 11:50:14 AM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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