Guild President Grant Glickson on Time Inc. Layoffs
New York, NY - Yesterday, Time Inc. announced that it is eliminating 4 percent of its workforce. That’s 300 jobs — 300 journalists who work at publications like Time, Sports Illustrated and Fortune Magazine. It appears that for every penny Time Inc.’s CEO Rich Battista saves, he loses just as much in journalistic integrity. Cutting 300 professionals from the newsroom is detrimental not only for the brand, but for readers across the world. We urge Time Inc. and Mr. Battista to consider the impact this will have on their final product delivered to readers, and not just their profits from advertising dollars.
About the NewsGuild
The NewsGuild of New York is the union for print and digital news professionals in America’s media capital. We are the workplace advocate for people in the media business, including some of the best journalists in the country. The majority of our nearly 3,000 members work in newsrooms at media organizations from print to digital to broadcast. We represent workers at the following companies: The Hour, Law360, Amsterdam News, El Diario, The Foreign Policy Association, Hudson News, The Jewish Forward, Jewish Telegraphic Agency/70 Faces Media, Kaplan International Centers, The Nation, The Daily Beast, The New York Times, The Jersey Journal, Standard & Poor's, Scholastic, Inc., Consumer's Union, Thomson Reuters, WPIX-TV, and Writers Guild of America East.