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Time Inc. Asks Employees to Walk the Plank

11/10/08 at 1:50 PM

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Managing editors from at least three Time Inc. titles sent out memos today looking for editorial staff willing to take voluntary buyouts, as part of the company's massive "reorganization": People was looking for eighteen volunteers; Time, twenty; and Sports Illustrated, a whopping 40 bodies. Fortune and Money are also reportedly casting about for volunteers. [All Things D]

By: Jessica Pressler Filed Under: Ink-Stained Wretches, layoffs, media, people, sports illustrated, time, time inc

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Senior Editors: Chris Rovzar and Jessica Pressler
Managing Editor: Jessica Coen
Articles Editor: Nick Catucci
Assistant Editor: Dan Amira

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