Time Inc. Boss Ann Moore Giving Her Marching/Firing Orders Today?
Time Inc. employees have a general idea of the magazine publishing giant’s revamped org chart.
But they still don’t know who’s staying and who’s actually going as the company, a unit of Time Warner (TWX), prepares to can some 600 workers.
That may change after this morning. CEO Ann Moore is hosting an 11 a.m. EST conference call with the troops that a tipster tells MediaMemo is supposed to explain the changes–including the layoffs–”in detail.”
UPDATE: Our original tipster was incorrect: This meeting only concerned Time Inc.’s newly formed “Style And Entertainment” group. That’s People, Entertainment Weekly, InStyle and Essence. We’re also told Ann griped about inaccurate bloggers. Ouch!. Here’s a transcript of her remarks.
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