Former Time Inc. Exec On Recent Cuts: Positioning For A Better Future

The expected cuts at Time Inc. started this week, with layoffs at Sports Illustrated, Entertainment Weekly and, Essence and Essence.com. The company has shuttered FSB, resulting in more staff cuts, and is seeking volunteers for buyouts at People, Time and Fortune -- which could lose as many as 40 staffers. As Time Inc. prepares to shed upwards of 280 jobs, we wanted to take a closer look at these...