[george76]

To the staff:

I’d like to apologize for being out of town and unable to speak with you personally about today’s announcement regarding the reduction in staff...

We will talk more next week when I return.

[Mo1]

WOW .. that's cold *L*

[SevenofNine]

That cold but very funny ROFL

[A Citizen Reporter]

Love, Marty.....

[Milhous]

Time Inc. next week is expected to say goodbye to up to 20 staffers at each of its titles across editorial, production and business functions, sources said.

Off the Record pegs the total layoffs at 150:

Friday Time Waits for Chic Designer and McKinsey Cuts

Big-Shot Consultants Ready Dual Bombshells, Due Within Few Weeks; ‘It’s Clean, It’s Elegant’; But Building Is Shaky With Layoffs in Wings

...

McKinsey has a reputation in the publishing industry for providing consultant-certified cover for staff cuts. After multiple rounds of layoffs last year, Time Inc. C.E.O. Ann Moore announced in November that there would be more budget cuts coming in January. Though the individual magazines will be charged with eliminating a certain amount of spending, rather than a specific number of jobs, Time Inc. sources estimated that the result will be a loss of some 150 jobs this time around.