Times Mirror Magazines fires 125 people

Published on .

Times Mirror Magazines is reducing its workforce by 20%, or 125 people. Though the cuts had been rumored for weeks, they are deeper than many insiders had been anticipating. TMM President and CEO Efrem Zimbalist said the moves are designed to "produced profit margins that meet and ultimately exceed those of our competitors. To achieve that, we need to lower our fixed costs." He said that no magazines are going on the block.

Among the high level departures: Harry Kaiser, president of Skiing Co., which includes Ski and Skiing; Steve Burzon, director of corporate sales, and Spider Andresen, publisher and co-founder of Salt Water Sportsman. Mary Jane Cox, 64, associate publisher of Yachting, said she is leaving at yearend to form a marketing and consulting company in Newport, R.I., called Apostrophe.

Exec-VP James Kopper, also widely rumored to be leaving at year end was instead given a new job designation as company executive director, focusing on advertiser and agency relations.

The Times Mirror Sales Network, which had previously reported to Mr. Kopper, will now report to Nicholas Niles, senior VP, who remains in charge of Golf Magazine and The Sporting News.

Two chief editors were also changed: Michael Chatner is out at Home Mechanix, replaced by executive editor Paul Spring; Vin Sparano is taking early retirement from Outdoor Life and will be replaced by Steve Byers, a senior editor at Men's Journal.

Most Popular
In this article: