Time Inc Braces for More Layoffs as Video Head Departs

WWD: Employees at Time Inc. are bracing for layoffs. Although the company noted that organizational changes are part of its larger transition to a more digital-savvy company, insiders said that the timing of the cuts coincide with salary reviews which arise in March. Insiders pointed to a handful of cuts at Entertainment Weekly and People, and the departure of Time Inc. video guru J.R. McCabe, in particular.