layoffs at Time Inc, intended to save abut $100 million in costs, have begun, and the news group is the first, understandably. About 15 to 20 sales and marketing employees were told today, most of them from Sports Illustrated, reports NYT. The majority of layoffs, around 500, will be done tomorrow, as has been reported before. NYT reports most of the cuts will also come from the news group, fat as it is with increasingly irrelevant titles like Time, Fortune and SI. Keep in mind this is still ....
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