Update II: Upheaval at Time Inc. Continues; Exec Zales Out

Nov 04, 2009

As layoffs roll out this week across Time Inc.s three magazine groups, parent Time Warner CEO Jeff Bewkes said the company would promote more sharing of resources across its magazines in the hunt for efficiencies and continue to take a hard look at underperforming titles. Those apparently include Fortune Small Business, which will fold. The title, which Time Inc. shifted to its custom publishing unit last year, saw ad pages decline 18 percent this year through November, per the...More