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Time Inc. To Cut 6 Percent Of Its Work Force

from National Public Radio
October 29, 2008

Magazines and newspapers are already suffering as readers migrate to the Internet, but the financial crisis has made it worse. Time Inc. is the latest media company to announce job cuts to save costs. The company will slash up to 600 positions within its magazine empire. Time Inc. publications include Fortune, People, Sports Illustrated and Time.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

Broadcast Dates

  • Morning Edition, October 29, 2008
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