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No Cuts At Time Inc (For Now)

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Time Inc. CEO Jack Griffin is finishing up his first 100 days in office with some rearranged executive-level moves. But the rank and file can rest easy this holiday season: no cuts, no closures.

“We have no plans to divest any of the brands in our stable, either domestically or worldwide,” Griffin told the NYP’s Keith Kelly.

The company is even doing well enough to have its first Christmas party since 2007: expect cocktails, carolers, and a Sports Illustrated swimsuit model.

Why we said “for now”: Because whatever promises CEOs make, things can change. But at least for now, Time Inc. folks’ jobs are safe.

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