Time to lay off more than 100 employees
One of the world’s most venerable media organizations is laying off a ‘significant’ number of full-time sales staff. Here’s how execs broke the news.
Time Inc. is doing damage control after plans to lay off a significant chunk of its sales and marketing group surfaced this week.
More than 100 workers are expected to lose their jobs amid what the Wall Street Journal is calling a “significant restructuring.”
The company released a statement this week that read, in part:
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