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Thursday, January 31, 2013

Time Cuts 500 Employees Worldwide

Posted by on Thu, Jan 31, 2013 at 9:05 AM

So, there's that.

In a memo to staff, Time CEO Laura Lang said the company must become leaner, more nimble, and operate on multiple platforms. She said operating more efficiently will create room for critical investments and new initiatives. The unit publishes magazines such as Fortune, InStyle, People, Real Simple, Sports Illustrated, and Time.

 

Comments (17) RSS

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lauramae 17
It was 2004. Suddenly, there it was: a big headline about how crooked Indian gaming was. The story talked about a few tribes in one state leaving Americans to believe that one tribe was interchangeable with all others. The article also went on about how some east coast tribe was really African Americans and not Indian at all. It was amazingly, stunningly unashamedly wrong and yet written with such somber authority. So it was clear that I couldn't trust a thing they ever wrote again.
Posted by lauramae on January 31, 2013 at 8:09 PM · Report this
biffp 16
Adventure Time? That shit is good.
Posted by biffp on January 31, 2013 at 1:24 PM · Report this
Cato the Younger Younger 15
Time is still being published? Now THAT is news..and more newsworthy than anything that's in Time this week.
Posted by Cato the Younger Younger on January 31, 2013 at 12:21 PM · Report this
keshmeshi 14
@11,

What's funny to me is that they had to spend extra money writing two different sets of editorial content and providing both stories with photos and graphics. Apparently, cost effectiveness (even for a dying medium) must be sacrificed on the altar of American mediocrity.
Posted by keshmeshi on January 31, 2013 at 11:43 AM · Report this
Unregistered User 13
Adventure Time!
Posted by Unregistered User on January 31, 2013 at 11:39 AM · Report this
Will in Seattle 12
I thought you said Thyme.

They still exist?

(fyi used to own 1000 shares after the TW/AOL merger, but those days are gone)
Posted by Will in Seattle http://www.facebook.com/WillSeattle on January 31, 2013 at 11:35 AM · Report this
Theodore Gorath 11
@7: What is really funny, is that I remember reading the "Time for Kids" magazine when I was in elementary school.

Flash forward 20 years, and I see the international edition of Time covering the Arab Spring, and the US version with a bullshit feel-good cover story on how anxiety may be good for you. Insulting and ridiculous:

http://www.dailykos.com/story/2011/11/25…
Posted by Theodore Gorath on January 31, 2013 at 11:05 AM · Report this
care bear 10
I haven't looked at Time in a few years but the last time I did I think it was all infographics. Is there even any content left at this point?
Posted by care bear on January 31, 2013 at 11:04 AM · Report this
9
Last time that I picked up Time was in my doctor's waiting room a couple of months ago. But I am not sure how to vote seeing that that copy was almost a year old.
Posted by Senor Guy on January 31, 2013 at 10:59 AM · Report this
8 Comment Pulled (Spam) Comment Policy
Knat 7
Thank you for that, dirge. That was great. And apparently more accurate than one might expect, by what Theodore says.
Posted by Knat on January 31, 2013 at 10:18 AM · Report this
Karlheinz Arschbomber 6
Makes up in generic frippery what it lacks in timeliness.

It's dead, Jim.
Posted by Karlheinz Arschbomber http://de.wikipedia.org/wiki/Arschbombe on January 31, 2013 at 10:10 AM · Report this
bleedingheartlibertarian 5
Does picking it up to get to something beneath or behind it count?
Posted by bleedingheartlibertarian on January 31, 2013 at 9:56 AM · Report this
Theodore Gorath 4
Since my father has been a subscriber to Time for about 230 years, often he is given free gift subscriptions, which he sends to me.

Used to be a good magazine over a decade ago, but now it is thin as a pamphlet, favors colorful graphics over content, and is horribly dumbed down for the American circulation. Furthermore, I swear they choose the dumbest possible letters for their "letters to the editor" section.
Posted by Theodore Gorath on January 31, 2013 at 9:55 AM · Report this
Supreme Ruler Of The Universe 3

TIME was something I cut quotes out of and put on index cards for Debate Team.
Posted by Supreme Ruler Of The Universe http://www.you-read-it-here-first.com on January 31, 2013 at 9:47 AM · Report this
Posted by dirge on January 31, 2013 at 9:47 AM · Report this
biffp 1
Leaner must be code for stupider, although the Time Person of the Year being a reflective cover was the coup de grace. To be a fly on the wall at the meeting that decision was made at.
Posted by biffp on January 31, 2013 at 9:28 AM · Report this

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