Time Inc. Cuts 300 Jobs Amid Falling Circulation

breitbart ^ | BEN KEW

[davikkm]

Media giant Time Inc. has announced it will lay off as many as 300 workers in an attempt to cut costs and restructure the company — a move that CEO Richard Battista has described as “difficult but necessary.” The decision comes amidst falling levels of circulation of some of the company’s key magazines such as Time, Fortune and Sports Illustrated.

As part of the savings, the company will now focus on investing in growing digital markets such as video and paid subscriptions.

“We are taking a holistic approach to cost-structure re-engineering for the whole company,” Battista told CNN. “In commencing that work, we are looking for ways to be more efficient as a company and ways to find more cost savings.”

[Seruzawa]

It’s been a long time since Time, Inc made Hitler The Man of the Year, but it’s end is finally nigh. Couldn’t happen to a more deserving rag.

[dynachrome]

They had that many employees left?

[thulldud]

I never really understood how that corncob thing was supposed to work. Then again, maybe I really don’t want to know...

It's pretty much intutitive. Of course, you should eat the corn FIRST...

[Seaplaner]

Time.

Failure of the year (decade, millenium).

I would never pay a farthing for this anti-American, lockstep shining path, "progressive" alleged magazine.

In fact, I would pay to NOT read the paper-thin pamphlet, as none of what they print agrees with my sensibilities (or facts).

[fhayek]

Well, I guess, is it the ‘roll in a stick of butter’ method, or the ‘Rock Hudson/Jim Nabors method’? Don’t you DARE answer this!

[P-Marlowe]

They need to revamp Time as a comic book. It no longer appeals to people who can actually read or who have an attention span of more than 30 seconds.

It’s all fake news anyway. They could make Obama into a Superhero and Trump into an evil villain.

Oh wait, they already have.

[Lisbon1940]

They used to have a good iPad app but they stopped producing special interactive content, except for the animated cover art, which is pretty good.

[DoughtyOne]

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[Governor Dinwiddie]

Time? I thought it was more like Argosy.

[Eric in the Ozarks]

I have to agree.
I quit reading TIME after their gun/suicide edition.

[Flick Lives]

Is Time Dead?

[Paulus Invictus]

Time was once a fairly moderate rag, but has turned into a RAT-infected, commie publication. I picked up a copy today in the doc’s office and was appalled by their anti-Trump allegations and far-left opinions. May they die the death and soon!

[Menehune56]

They’ll be gone soon enough.

[aimhigh]

My sister in law started giving me her Time magazines. They have devolved to being nothing more than Democrat Party newsletters.

[Oscar in Batangas]

If Sports Illustrated is putting some of their swimsuit models up for auction....

[onyx]

Free Republic 2nd Quarter Fundraising Target: $88,000

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IT'S TIME

Free Republic 2nd Quarter Fundraising Target: $88,000

Receipts & Pledges to-date: $84,662

96%

Woo hoo!! And now LESS than $3.4k to GO!!
Let's get 'er done. Thank you all very much!! God bless.

IT'S TIME

[Secret Agent Man]

I am surprised Time has 300 people to fire.

[Reddy]

You’re so right. Twenty years ago we had a subscription to Time. The last time I picked one up at a doctor’s office it was incredibly thin and low on content, and the verbiage that was there was so leftist it was vomit inducing.

[Slyfox]

[xp38]

As we say in the sewer Time and Tide wait for no man.