Looks like some rather senior folks got the axe today at Time Inc. Among them were consumer marketing directors John Reese (Time) and Josh Orenstein (Money and the Fortune group). A notch higher was John Brown, a VP of the women's lifestyle group (mags like Real Simple and InStyle).

We're told, too, that those laid off were gathered in a room and told of the layoffs. We're hunting for details. (fishbowlny AT mediabistro DOT com if you have any.)

UPDATE: We're now told John Brown was "reassigned," apparently to a consulting gig with Time Inc. Interactive. Hank Fifield, CMD of This Old House, was let go.

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