People who don't need people
Time Inc. announced today that it is closing the Austin (Texas), Chicago, Miami and Washington D.C. bureaus of its most profitable magazine, People. The move is part of Time's elimination of "nearly 300 jobs at its top magazines," which besides People includes Sports Illustrated and Fortune.
Staff at the soon to close bureaus were described as "shell-shocked" by the news, which is seen as a move by Time to "expand its branded properties on the Web, where the company sees its future."
Time's editor in chief John Huey says "the cuts do not mean that the company will sacrifice its journalistic integrity or that we are getting out of the print business." Rather "he hopes
that we will see many exciting developments and investments in our core titles in the coming year.”
(As read on Romenesko)
posted by Amy at 8:45 PM
3 Comments:
I wonder if this includes the library that you profiled.
It initially looked like the bureau library in New York that I profiled was safe, but I saw this memo on Romenesko today that makes me wonder. Notice that among the list of 40 employees Time is hoping will volunteer to leave, there are 4 research librarians and 8 reporter/researchers in New York.
Oh dear.
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