Revamping

Time Inc. said it would be executing another round of job cuts, lopping off another 100 or so employees, a disproportionate number from its Time and Money titles. Last year it started cutting with an eye toward beating back a notably layered management structure. A spokesman told the New York Times that business was actually running pretty well, and that the changes were necessary for more forward-looking strategic reasons.

Time's Dawn Bridges indicated that Time was taking a more aggressive new media strategy moving forward, making explicit note of new efforts involving websites, TV shows and wireless deals.