Times Mirror D-Day may be Thursday

Published on .

Insiders at Times Mirror Magazines, New York, are saying that D-day for the major restructuring announcement is still set for Thursday, October 12. Already, some departments have been told unofficially that they are goners, including the eight people in the marketing communications department. The word inside is that about 100 people, or some 20% of the workforce could be getting pink slips as newly installed magazine CEO Efrem "Skip" Zimbalist tries to boost the unit's faltering profit margins.

In this article:
Most Popular