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Time Inc. Layoffs Hit People, Essence [Media Crack]

Source: Valleywag

Nov 04, 2009

Summary

In your completely laid-off Wednesday media column: details on more Time Inc. layoffs and buyouts at People and Essence, and various ways that magazine publishers are terrorists.

Time Inc. layoffs: People magazine is looking for eight buyout candidates. The memo below went out to staff today:

From: Larry Hackett
Date: Wed, 4 Nov 2009 10:02:00 -0500
Conversation: Staff announcement
Subject: Staff announcement

As part of a broad Time Inc. cost savings initiative, I regret to announce
that People magazine will be making cuts in its editorial staff. We are
looking for 8 volunteers to accept severance packages among the
following Guild-covered job classifications:

Staff Correspondent
Reporter-Researcher
Writer-Reporter
Writer-Editor

I strongly urge each of you to contact People's human resources
representatives... for details regarding your
particular package.

The call for volunteers expires on November 19th. If necessary, we will
then follow the guild contract procedure for conducting involuntary layoffs
in these Guild categories.

If you have any questions, plea

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