I worked at Time for three years and bore first hand witness to the financial struggles of the company and saw many brilliant and highly esteemed colleagues let go.
Good luck to all Time Incers this week. The upside is the severance packages from Time Inc areBANANAS (I know folks who got full pay and health insurance for 6 months to a year but this may have changed). The downside is being thrown into an over-saturated job market with most of your career experience focused in a dying industry.
