#1 Time Inc. Will Lay Off 700 People After Ad Lose
01-13-2013, 12:15 AM
- Join Date
- May 2008
- Locked in a Dungeon, being tortured and LOVING IT!
Time Warner's Time Inc. will lay off up to 700 staffers out of just under 8,000 total as the publisher's new chief struggles to transform famous titles and massive market share into a digital profit center.
Read more: http://www.businessinsider.com/time-...#ixzz2Hp0OzQNt
Their readership is way down, ads drying up. And now they are cutting staff. Too bad - so sad.
Rest In Peace America
July 4, 1776 - January 20, 2009
01-13-2013, 01:01 AMWe have no government armed with power capable of contending with human passions unbridled by morality and religion. Avarice, ambition, revenge or gallantry would break the strongest cords of our Constitution as a whale goes through a net. Our Constitution is designed only for a moral and religious people. It is wholly inadequate for any other.In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a congress.
01-14-2013, 06:51 AM
The job market keeps getting tougher.
01-14-2013, 02:57 PM
- Join Date
- Mar 2010
The St Pete Times (now Tampa Bay Times) seems to survive on people such as my mother who still buy the paper and play the crossword. It's actually one of the most read papers per market area in the country. I haven't taken the paper in years. Most of the time I ended up simply throwing it away whole. It's wasteful.
By the same token, I do enjoy the online publications when I want to read the details of some issue, and clearly when people stop taking the paper entirely, then something has to give. I wouldn't mind paying a few cents in user fees for each visit, but I am not going to buy a membership to ten different newspapers. So they need to figure out how to work this.
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