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The Liberal Media Is Dying – Time Magazine Lays Off 300 Workers

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The politics of Time Magazine are pretty much like all other liberal media outlets. All things Democrat are good, all things Republican are bad. Then they wonder why half of the country completely tunes them out.

Now they’re paying a heavy price. Time just laid off hundreds of people.

Bloomberg reports:

Time Inc. Cuts 300 Jobs as Struggling Publisher Seeks Turnaround

Time Inc. is eliminating 300 employees through layoffs or buyouts as the struggling publisher tries to transform its declining print business for the digital age.

The job cuts were announced in an internal memo written by Chief Executive Officer Rich Battista, who said a key component of his turnaround strategy is making the company more efficient and re-investing those resources in growth areas.

“Today we took a difficult but necessary step in that plan,” Battista said in the memo obtained by Bloomberg…

 

http://www.usapoliticstoday.com/time-magazine-lays-off-300-workers/

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