Time Inc. editor-in-chief John Huey writes to the employees after the company cut nearly 300 jobs:
“Let me stress that these layoffs are not about performance of the individuals involved; the layoffs are about the restructuring of our editorial staffs as we move quickly into a future of flexible, multiplatform content creation.
That means redesigning and rethinking much of what we do to ensure we are as efficient as possible.
In some cases, that requires reassigning responsibilities among staffers. And unfortunately, in some cases that requires a leaner workforce.”
Read the full memo here.
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