Cuts Coming At Time Inc.

Time Inc. is expected to make cuts to its staff next week, WWD reports.

Some have speculated that the publisher of Time, People, and 20 other magazines and more than 25 Web sites will be cutting as many as it did this time last year—almost six hundred—butWWD reports that sources both inside and outside the company say that number is too high.

The company employs about 10,700 worldwide.

Publish date: October 27, 2009 © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT