Stephanie Smith of Women’s Wear Daily reports Tuesday that Fortune magazine is seeking volunteers to take a buyout so that it can trim its staff.
“Employees have until May 27 to decide whether to take a buyout. Time Inc. is also said to be trimming staff at the Fortune Group’s business library, which could eliminate up to five jobs.”
Read more here. Top writer Bethany McLean has already announced that she’s leaving next month for a job at Vanity Fair.
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