Time Inc. Plans to Lay Off Over 100 Workers

Time Inc., which in recent weeks has undergone a major corporate reorganization and a retooling of its sales and marketing staff, is laying off an estimated 110 people across all areas of the company, according to people familiar with the situation.

As part of its reorganization efforts, Time Inc. has created new teams to focus on specific advertising categories in a bid to sell more advertising and advertising services to marketers across all its titles.

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