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SCROOGED AT TIME INC.STAFF CUTS ACCELERATE; NO MOORE CHRISTMAS PARTY
NY Post ^ | Nov. 15, 2008 | Keith J. Kelly

Posted on 11/16/2008 8:48:01 AM PST by COUNTrecount

THE cutbacks at Time Inc. are starting to claim more senior people on the business side at the same time that the editorial cuts accelerate.

And in a move likely to surprise no one, Time Inc. CEO Ann Moore has decided not to have a Christmas party this year.

Last year, during the one December of the past four when there were no layoffs, Moore held an in-house party that featured the Time Inc. Glee Club, a buffet and beverages.

This year, she decided to fire up to 600 people - and skip the party altogether.

Meanwhile, at least 20 editorial people were axed yesterday by Rick Tetzeli, the managing editor of Entertainment Weekly. Elsewhere, the company said it was axing 92 people from the circulation and consumer-marketing departments.

Some publications are looking for volunteers to leave.

Sports Illustrated Group at first looked like it would be the hardest-hit by the job cuts, but Editor Terry McDonell is actually looking for 40 people to step up across his entire group, which includes the sports weekly and related Web sites, Golf Magazine, SI for Kids and Sports Illustrated Latino. Staffers have until Nov. 24 to decide.

People also is looking for 18 volunteers, and Rick Stengel, the top editor at Time, is seeking 20 employees to step forward.

The editorial employees on People, Time and Sports Illustrated are covered by a union contract with the Newspaper Guild. Entertainment Weekly staffers are not covered, and thus were being cut outright yesterday.

No numbers have been divulged yet for Fortune and Money.

Time Inc. Editor-in-Chief John Huey already bounced Money's top editor, Eric Schurenberg, on Nov. 6, and replaced him with Fortune Executive Editor Craig Matters.

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


TOPICS: News/Current Events
KEYWORDS:

1 posted on 11/16/2008 8:48:01 AM PST by COUNTrecount
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To: COUNTrecount

I wouldn’t think Time Inc. would even have a Christmas party. I’d expect something more like a Winter Fiesta or maybe a Snow Festival.


2 posted on 11/16/2008 8:51:06 AM PST by FlingWingFlyer (I voted for McCain/Palin so I can look my grandchildren in the eyes when I tell them I'm sorry.)
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To: COUNTrecount
No numbers have been divulged yet for Fortune and Money.

If Fortune and Money had to lay people off, THAT would be ironic.

And it would make me wonder why the hell I was subscribing.

3 posted on 11/16/2008 8:51:08 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all.)
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To: FlingWingFlyer
Or kwanzaa or how about festivist.
4 posted on 11/16/2008 8:55:12 AM PST by svcw (Great selection of gift baskets: http://baskettastic.com/)
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To: COUNTrecount
This year, she decided to fire up to 600 people - and skip the party altogether.

Geez, if they had fired 650 people then they could have afforded a very nice Christmas party. What is wrong with Time? (smile)

5 posted on 11/16/2008 8:55:31 AM PST by mlocher (USA is a sovereign nation)
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To: COUNTrecount
Moore Bah Hambug for Slime's liars and phonies!
6 posted on 11/16/2008 8:57:07 AM PST by Grampa Dave (Buy what we need before Zero is sworn in. He and Pelosi will not have our buying $'s in 2009!)
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To: COUNTrecount
"This year, she decided to fire up to 600 people - and skip the party altogether."

Awwww... brings tears to my eyes...

Meanwhile, at least 20 editorial people were axed yesterday by Rick Tetzeli, the managing editor of Entertainment Weekly.

another tear...

"Elsewhere, the company said it was axing 92 people from the circulation and consumer-marketing departments."

Tears are really flowing now...

And pigs fly.

7 posted on 11/16/2008 8:58:49 AM PST by Nathan Zachary
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To: COUNTrecount

Schadenfreude!


8 posted on 11/16/2008 8:58:50 AM PST by freebilly
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To: COUNTrecount

The question Time should ask...is where are the readers? Where are the subscriptions? Where are the broadbased supporters of Time?

The answer is that they have been draining out this crowd magazine for twenty years. Up until 2000...I might have read at least a dozen issues a year. In the past five years....I’ve picked up one issue at the dentist and thats it. No one really cares to read a very slanted view of the world. Toss in the fact that eighty percent of the magazine is already old news by the time it comes out....makes this a joke for a magazine.

If they want five suggestions to fix it, then fine: (1) move the magazine out of NY City and put it in Nashville, TN...to slash salaries of employees by fifty percent. (2) Pick out a Republican and Democrat senator each week and give them a tough subject to argue key points on...with no slant by the writers of the magazine. (3) Half of the entire magazine ought to be “heartland” material and talk about topics that regular people face...rather than go to the middle of Africa to discuss tribal feuds (let the National Geographic folks do what they should cover, not global warming in every single issue). (4) Hire journalist graduates from real universities in America, not Harvard, Yale, Princeton or Colombia. And (5) Accept the fact that a good forty-five percent of America just doesn’t appreciate the Obama administration, so offer a honest critique and slap occasionally.


9 posted on 11/16/2008 9:04:11 AM PST by pepsionice
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To: Texas Eagle
"And it would make me wonder why the hell I was subscribing."

I wonder why you subscribe to anything owned by NYT Inc. at all.

10 posted on 11/16/2008 9:05:24 AM PST by Nathan Zachary
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To: COUNTrecount

A story like this brings warmth to the heart.


11 posted on 11/16/2008 9:08:16 AM PST by Parley Baer
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To: FlingWingFlyer

“I wouldn’t think Time Inc. would even have a Christmas party. I’d expect something more like a Winter Fiesta or maybe a Snow Festival.”

Or at least an “Xmas” party!


12 posted on 11/16/2008 9:08:36 AM PST by Panzerlied ("We shall never surrender!")
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To: COUNTrecount

I expect we’ll see Christmas, Easter and any other religious holiday thrown off the calander as Democrats make the rediculous charge that a national holiday celbrating Christ is a ‘religious endorsement by the government’.

Canb’t happen? Really? It’s perfectly legal for a govenrment official to express their religious beliefs in public, but the ACLU is hard at work trying to strip officials of that constitutionally protected right.


13 posted on 11/16/2008 9:08:36 AM PST by CottShop
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To: COUNTrecount

What’s wrong with Festivus, that’s more in keeping with Time’s worldview than Christmas.


14 posted on 11/16/2008 9:09:31 AM PST by lmc12
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To: svcw

Time for airing of grievances and feats of strength.


15 posted on 11/16/2008 9:12:31 AM PST by yazoo
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To: COUNTrecount

Time Magazine has long since forfeited any credibility. Time is reduced to serving up endless journalistic Lewinskis to the democrat party.

Even democrats can’t tolerate this type of over-the-top bias.

Time is unreadable. Seriously, when was the last time you or anyone you know ever read this rag?

It is “Time” to shut the doors and close down permanently.


16 posted on 11/16/2008 9:14:56 AM PST by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: pepsionice

Post #9: excellent analysis.

However, Time is run by uber-leftists who will reform NOTHING, util the day they shut down.


17 posted on 11/16/2008 9:18:26 AM PST by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: FlingWingFlyer

Happy Festivus!


18 posted on 11/16/2008 9:19:17 AM PST by moose2004 (Drill, Drill, Drill, Drill, Drill, Drll And Then Drill Some More)
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To: COUNTrecount

Just read the infamous “obama issue” of Time (I get it free).
It was full of so much ga-ga for Obama it was beyond unbelievable.
I’m going to save the issue to refer back to when the disappointment and historical perspective hits.

Of course, by then Time itself will be defunct, and a part of history.


19 posted on 11/16/2008 9:22:20 AM PST by Wiseghy ("You want to break this army? Then break your word to it.")
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To: Nathan Zachary
I wonder why you subscribe to anything owned by NYT Inc. at all.

You caught me off guard, I did not think Time and the New York Times were all one company.

20 posted on 11/16/2008 9:34:10 AM PST by Mark was here (The earth is bipolar.)
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To: pepsionice

Your suggestions to save the magazine are both simple and logical and will therefor never see the light of day. I’m afraid committed Leftists will ride this puppy into the ground.


21 posted on 11/16/2008 9:52:36 AM PST by 6SJ7 (Atlas Shrugged Mode: ON)
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To: pepsionice
Toss in the fact that eighty percent of the magazine is already old news by the time it comes out....makes this a joke for a magazine.

I believe that time lag, as much as bias, is the death knell of the weekly. Used to be, when something hit the headlines, you could expect to get a fuller more complete analysis of the issue in a few days when your Time or Newsweek came in the mail. Now, you can get that same (and better) level of analysis online right now and for free at a multitude of sites, and even on cable if you choose wisely.

With the vaunted "24 hour news cycle" there is no market for week old news. Life has passed these relics by. Too bad, so sad.

22 posted on 11/16/2008 9:56:10 AM PST by hinckley buzzard
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To: FormerACLUmember
Time for a marketable editorial position...ie, JUST THE DAMNED FACTS.
23 posted on 11/16/2008 10:03:36 AM PST by Dead Dog
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To: COUNTrecount

They should try at SKI magazine and National Geographics. I just renewed both subscriptions Friday.


24 posted on 11/16/2008 10:03:50 AM PST by richiep (Richie)
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Comment #25 Removed by Moderator

To: COUNTrecount

I’m sure it won’t matter as they already had their Obama party already.

Maybe it’s just a new policy of having only one ‘messiah’ party a year.


26 posted on 11/16/2008 10:15:55 AM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: COUNTrecount

You know, the whole thing about stepping up to be fired got me thinking.

When the libs are put on the line to either keep their job or be let go for the rest of the group, if they are such selfless, altruistic people, why don’t they have droves and droves of people asking to be let go? Why aren’t they all throwing themselves on the unemployment grenade?

Because when their ass is on the line, we find out what kind of people they are. They aren’t superhuman, superior-moraled people as they have made you believe. They are just plain, normal people with a strong (and I would say massive) self-interest streak.


27 posted on 11/16/2008 10:20:56 AM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: COUNTrecount

Shake out all the Slimes and Newsweak subscription litter cards and drop in the mail for proce$$ing. Send a message and clean up the planet.


28 posted on 11/16/2008 10:28:19 AM PST by samadams2000 (Someone important make......The Call!)
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To: FormerACLUmember; pepsionice
Post #9: excellent analysis.

However, Time is run by uber-leftists who will reform NOTHING, util the day they shut down.

You said basically what I was going to say....

FWIW- I've not opened a TIME Mag since the late 80's.....

29 posted on 11/16/2008 10:40:15 AM PST by Osage Orange (Victims that fight back live longer.....................)
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To: richiep
National Geographic

I used to love that mag & subscribed....but they too are left bent...and it showed too often for my tastes...

I quit them over 18 yrs ago....

fwiw-

MOLON LABE

30 posted on 11/16/2008 10:45:43 AM PST by Osage Orange (Victims that fight back live longer.....................)
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To: COUNTrecount
I seem to remember the Weekly World News ran for years with less than a dozen employees.

And was about as accurate as Time.

31 posted on 11/16/2008 10:49:57 AM PST by uglybiker (1f u c4n r34d th1s u r34lly n33d 2 g3t l41d)
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To: Nathan Zachary; Mark was here; Texas Eagle

Time Magazine is owned by Time Warner, not NYT Inc. The Washington Post owns Newsweek.


32 posted on 11/16/2008 4:06:48 PM PST by 3AngelaD (They screwed up their own countries so bad they had to leave, and now they're here screwing up ours.)
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