Today in Time Inc. Job Slashing: 250 More Get Axed

Ad Age's Nat Ives gets the news we warned was coming: There's yet another round of job cuts going on at Time Inc., this time depriving some 250 mostly biz-side folks of their livelihoods.

That comes on top of about 100 layoffs in December and another 100ish in January. With 450 staffers sent to the unemployment lines, it now seems the world's biggest mag publisher is done cutting. "We do believe this is the vast majority of staff reductions for the foreseeable future," Time Inc. spokeswoman Ali Zelenko tells Ives.

Although we'll point out that's not exactly a declarative, definitive promise. Good luck, Time Incers.

Time Inc. Lays Off 250 [Ad Age]
Earlier: Gawker's coverage of Time Inc.