Time Inc. Will Lay Off 700 People After Ad Lose

[Apocalypse]

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.

[Rockntractor]

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.

What kind of job do liberal media hacks find? I guess their is always Aljazz.

[ReinMan]

What kind of job do liberal media hacks find? I guess their is always Aljazz.

Yep, Al-J will have deep pockets, and be anxious to purchase credibility.

Should also give some insight as to the going rate for the souls of print journalists.

[RobJohnson]

The job market keeps getting tougher.

[Novaheart]

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.

[Rockntractor]

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.

Send me some money and I'll tell you how to do it.