More blood-letting TK

Today's news of massive cuts at Forbes - including the shuttering of the L.A. bureau - is not the only wave of cost-cutting at the business magazines. Time Inc., publisher of Fortune and Money, is expected to announce next week that it will cut $100 million, including another big round of layoffs (here's the NYT story). That, of course, is in addition to the big layoffs a year ago. Then there's Business Week, which is in the process of being purchased by Bloomberg and might or might not see major trims (lots of mixed signals on that one).


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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