Time Inc. Begins MASS Layoffs

MASS LAYOFFS
NEW YORK - NOVEMBER 10: Managing Editor for Time Richard Stengel attends the TIME's 2010 Person of the Year Panel at Time & Life Building on November 10, 2010 in New York, New York. (Photo by Neilson Barnard/Getty Images for TIME Inc.)
NEW YORK - NOVEMBER 10: Managing Editor for Time Richard Stengel attends the TIME's 2010 Person of the Year Panel at Time & Life Building on November 10, 2010 in New York, New York. (Photo by Neilson Barnard/Getty Images for TIME Inc.)

Time Inc. said Wednesday it was cutting several hundred jobs as the US publishing giant streamlines to adapt to a “multi-platform” media landscape.

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