- Time Inc. is expected to slash jobs in order to make the company look more attractive in front of its spinoff from Time Warner (TWX +1.7%) slated for later this year.
- Employees could learn as soon as today who will survive the layoffs.
- Expect the number of firings to be large. CEO Joe Ripp says it's best to "take the pain" all at once.
Nervous times for Time Inc. employees
Feb 4 2014, 12:53 ET