Call Of the Times: Time Inc To Cut 600 Jobs; 6 Percent of Staff

This story was written by Rafat Ali.
Time Inc, the biggest magazine publisher in the world, is cutting 600 jobs, about 6 percent of its total staff, the company announced late today. In a week where Gannett (NYSE: GCI) announced 3,000 more layoffs and Tribune announced that LAT was eliminating 10 percent of editorial staff, the bad news keeps coming.  More to come

By Rafat Ali