Cuts Begin at Time Inc.

By Dylan Stableford The layoffs at Time Inc. have begun. As we sorta expected, executives at the Time Warner's publishing unit moved late Tuesday to begin the process of doling out hundreds of pink slips in advance of Wednesday’s earnings call. The first cuts were made at Sports Illustrated, according to a source. Media Decoder says that “15 to 20 sales and marketing employees were dismissed,” most of them coming from SI. Meanwhile, according to AOL’s Daily Finance... (link)