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Former Time Inc. Exec On Recent Cuts: Positioning For A Better Future - Posted November 5, 2009
The expected cuts at Time Inc. started this week, with layoffs at Sports Illustrated, Entertainment Weekly and, Essence and Essence.com. The company has shuttered FSB, resulting in more staff cuts, and is seeking volunteers for buyouts at People, Time and Fortune -- which could lose as many as 40 staffers. As Time... [FishBowlNY]