We hear Time Inc. Guild members are meeting now regarding pending layoffs. UPDATE: A tipster tells us "Time Inc.'s news division has started their layoffs." Email us details. MORE: The memo People editor Larry Hackett sent out, below.

From: Hackett, Larry - People
To: +TI-PG-WEEKLY-EDITORIAL-WORLD
Subject: Important Staff Meeting 10 a.m. TOMORROW

There will be a general staff meeting at 10 a.m. TOMORROW in the 30th floor
conference room. All People editorial team members are encouraged to attend.

Send an email to Hamilton Nolan, the author of this post, at Hamilton@gawker.com.