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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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