Job Cuts, Cost Cutting | featured news

Time Inc. to Cut $100 Million; Extensive Layoffs Are Expected

Signaling that worse times are ahead for magazines, Time Inc. is expected to announce next week that it will cut $100 million from costs, including another big round of layoffs.

 

Job cuts help Yahoo profits surge

Job cuts help Yahoo profits surge

Internet giant Yahoo sees its third quarter profits more than treble - despite sales falling by about 12% - as it slashed costs.

 

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