Monday, November 3, 2008
Time Inc. Boss Ann Moore to Troops: “Act Like a Private Equity Company…We Will All Get Through This”
The head of Time Warner’s magazine unit doesn’t give employees more details about the coming layoffs. Instead, she delivers a pep talk version–sort of–of the reorg memo she distributed last week: Suck it up, buckle down and get to work. We’re restructuring the company because the economy stinks, but we’re still a magazine company, and don’t lose sight of that.




