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The Boss Speaks: Time Inc's Newly Installed CEO Rich Battista Shares His Vision For The 94 Year Old Company, Doesn't Rule Out More Layoffs

It hasn't even been 24 hours since his rise to the top at the storied 94 year old Time Inc and already new CEO Rich Battista is laying out his vision for a smarter and more efficient company. Mr. Battista chatted with Vanity Fair's HIVE where he touched on everything from the sudden passing of the baton,  to the challenges ahead and whether or not more layoffs are coming, which he didn't rule out.
Look, like any company in today’s world, we’re always striving to be more efficient and to find smarter ways to run our businesses. There’s no other major restructurings that I’m planning to do, but change is pretty constant in this industry today, and sometimes we’re going to have to make hard decisions that I don’t want to make. All I can say is that even if we are making reductions in some places, we’re reinvesting and investing in other growth areas. It’s a challenging, difficult balance in today’s world, and the goal for us is to be the best company we can be and to be well positioned for success as we move forward in a rapidly changing, competitive environment. 



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The Boss Speaks: Time Inc's Newly Installed CEO Rich Battista Shares His Vision For The 94 Year Old Company, Doesn't Rule Out More Layoffs Reviewed by Editor on Tuesday, September 13, 2016 Rating: 5
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