Time Warner’s (TWX) Time Inc. will reportedly hand out pink slips to as many as 700 employees across its suite of magazines and web sites early next month in a move that could save the publisher up to $100 million annually.
The layoffs, which were expected to begin next week, have been postponed another few weeks to better align with Time Warner’s earnings release, according to a report by the New York Post.
Thursday, January 10, 2013
Report: Time to Axe 700 Jobs Next Month, Save $100M | Fox Business
Report: Time to Axe 700 Jobs Next Month, Save $100M | Fox Business
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