CEO Scott Flanders tells the Chicago Tribune that Playboy Enterprises Inc. is a new outsourcing and licensing program could cut halve the company’s 573 headcount.
But Playboy models probably won’t get the pink slip. It will be folks based in their Flanders explains that he has signed two major deals that transfer basic functions to outsiders “with greater scale and expertise.”
Flanders has been touting his plan to revamp the company’s dismal revenues, by hiking prices of magazine and opening more Playboy-branded nightspots, including a casino in Mexico and a club in Miami.
He is also hoping to entice a partner for the Spice Network and Playboy TV. “There’s no aspect of the business that I’m more focused on than TV,” told the Tribune. “Size matters.”
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