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Nervous times for Time Inc. employees

  • 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.
Comments (1)
  • JillKennedy
    , contributor
    Comments (75) | Send Message
     
    The great media bloodbath of 2014 has begun:
    http://bit.ly/L3Fls0
    4 Feb, 01:37 PM Reply Like
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