Time Inc. To Cut $100 Million In Costs, More Firings

jeffbewkesap032509

Time Inc. will cut $100 million in costs, and a new round of big layoffs is expected, The New York Times is reporting.

The cuts are expected to be announced in the next week to coincide with Time Warner’s (TWX) earnings next Wednesday.

NOW WATCH: Tech Insider videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.