Time magazine is shuttering its Los Angeles bureau (and those in Chicago and Atlanta) as part of today's layoffs, Ad Age says. People magazine will close its Washington, Miami, Chicago and Austin bureaus. In all about 172 editorial employees across the company are losing their jobs, plus 117 on the business side. About half of the editorial slots are expected to come from buyouts and attrition, the rest from layoffs. Romenesko has the memo from editor-in-chief John Huey.

Busy media morning
→ Choire Sicha returns to Gawker, from whence he previously came. Sicha had been at the New York Observer and his re-upping with the Nick Denton empire means movement for current managing editor Chris Mohney.
→ As expected, VNU will now be known as the Nielsen Co. after a name change to reflect its most well-known brand name. It's also the parent of Adweek, Billboard and The Hollywood Reporter.
→ Audio of Doug Dutton's interview yesterday with Larry Mantle about the future of Dutton's is up on the KPCC site. Many call-ins. Audio

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