Editing and Design F’08

December 9, 2008

Filed under: Uncategorized — jgatdula @ 8:02 am

With virtually every major publishing house cutting back on staff, they’re also cutting back on expenses. However, Time Inc., one company that has been placed on the spotlight for their ongoing layoffs to come, does not seem to be following such a sentiment. A little more than a month ago, they announced that they planned to lay off more than 600 employees from each of their major publications. But at the same time, Gawker recently reported that People, one of TIme Inc.’s largest sources of revenue, has spent more than $25 million on their covers in the last year. With 18 employees from editorial being laid off from the very same magazine, how does this make sense as far as cutting back on expenses?

Jessica Gatdula

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