Meredith Eliminates 40 People From its Payroll, First Round Prepping For Time Inc?
|MEREDITH CEO STEVE LACY|
"As we've consistently stated, we continue to explore opportunities to add attractive print, broadcast and of course digital brands to our media portfolio. We have a consistent track record of being very disciplined acquirers. But just like any other public company, we'll not comment on market rumors or market speculation."That statement didn't quelch speculations at all, it only fueled them and so with these layoffs following a record quarter, all eyes will definitely be on Meredith and Time Inc leading into the spring.
Meredith Eliminates 40 People From its Payroll, First Round Prepping For Time Inc? Reviewed by Media Wire Daily on 6:19 AM Rating: