Time Inc Likely to Cut Jobs, Offload Titles, Play Up Digital

Recode: Time Inc.’s board says it likes a plan laid out by CEO Rich Battista: Focus on exploiting some of the company’s magazine brands in digital and video, and cut costs to account for the declining print business. That means Time will almost certainly be shrinking its workforce. And the publisher will also look to sell off some of its 25 U.S. titles.