Posted on 01/18/2007 8:21:42 PM PST by freedomdefender
NEW YORK, Jan 18 (Reuters) - Time Inc., the top U.S. magazine publisher, cut over 250 to 300 jobs to slash costs, one source familiar with the matter said, as it invests more heavily in Internet properties.
It is not clear how many of the cuts were layoffs or buyouts, the source said.
(Excerpt) Read more at today.reuters.com ...
I guess their successful merger with the DNC created too much redundancy.
That lots of jobs
"I guess their successful merger with the DNC created too much redundancy."
Cold! But strangely true.
It's like they don't even bother faking objectivity anymore.
internet properties = outsourcing?
I bet their horrible, evil, CEO is going to do just fine for himself - that selfish no good corporate CEO chieftan, still riding high on the backs of the common workers.
Their next "person" of the year will be NOBODY.
Why are we losing circulation?
Gee, Time is a centrist magazine. This has always been a first class news source for intelligent, caring, open-minded people.
We cover Hollywood; TV sit-coms; music; the crimes of Bush's illegal, immoral war against the people of Iraq; we expose the bigoted Bush administration's hatred of minorities; we expose the hate-filled divisive rhetoric on rightwing radio and Republicans; we document the pervasive ugliness of America; we report America's countless offenses against the world's peoples; we . . . .
Why are we losing circulation?
We cover Hollywood; TV sit-coms; music; the crimes of Bush's illegal, immoral war against the people of Iraq; we expose the bigoted Bush administration's hatred of minorities; we expose the hate-filled divisive rhetoric on rightwing radio and Republicans; we document the pervasive ugliness of America; we report America's countless offenses against the world's peoples; we . . . .
Why are we losing circulation?
BINGO. Yet...the problem with the continuing demise of the dead-tree media is that the all-electronic media is so susceptible to INSTANT REVISIONISM. Accident?
Alot of people have been losing jobs at the New York times and now this rag.
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Good point.
Will the ultra liberal billionaire google boys fail to cache the originals?
I used to read Time back when no one realized how biased they are, and even then it was unreadable dense prose crap.
I go back to the days of Henry Luce and Clare Boothe Luce. As one who believed Joe McCarthy and later backed Goldwater I found Time to be pretty good. I revisited Time a decade or two ago and was disappointed. I wouldn't touch one today.
Besides the old media's at least four decades of unbidden bias, spiking, contempt, and contumely there are times when the event becomes secondary to the controversy generated by the coverage.
An example is a Bush Administration 2004 economics report wherein there was praise for outsourcing offshore; plus acknowledgment that adjustments could be painful for some but in the long run it will be good for all.
The LA Times headlined something like "Bush favors sending jobs offshore."
The actual report was virtually ignored as that sparked controversy which promptly became the "news" – but the worst was yet to come.
Enter the NY Times and an employee's insinuation that the economic report contained Bush Administration plans to reclassify some service jobs as manufacturing jobs. To wit, the famous "hamburgers are manufactured items" hubbub.
BTW, Time said "Yet another section of the report raised the important question of whether making a sandwich at a fast-food restaurant (some assembly required) should be reclassified as a manufacturing job." (22 Feb., 2004)
Entirely lost was the report and the opportunity for rational discourse.
The report did contain this:
"The definition of a manufactured product is not straightforward. When a fast food restaurant sells a hamburger, for example, is it providing a service or is it combining inputs to manufacture a product?"
But the context had nothing to do with any idea of reclassifying hamburger flipping.
It was an attempt to illustrate the first sentence. With today's software and gadget technology vs. yesterday's steel rolling out of steel mills definition can be a problem; then add the problem of how to assign a value when product improvements are larger than the price increases (hedonics).
Thanks. This cartoon sums up a large part of the problem, and that large part is growing 24/7/365.
However, part of the problem is how Slime has turned off at least 50% of its potential subscribers and buyers with its rabid anti Republican advocacy.
Why are we losing circulation?"
My parents cancelled Time during the Nam/Watergate bs. I cancelled Time during Reagan's first campaign. My sons never subscribed. My grandkids will never know what Time was.
Time has been lying to the American people for over 5 decades while pushing the Rat/Socialist/Pro Islmofascist agends/Pro Gay Agenda and Illegal Alien Agenda.
Slime has turned off at least 50% of its potential subscribers and buyers with its rabid anti Republican advocacy.
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