People Magazine Seeking 18 Editorial Buyouts
Hamilton Nolan · 11/10/08 11:00AMPeople magazine just sent out a staff memo soliciting buyout candidates, as part of the 600-person company-wide layoffs announced at Time Inc. two weeks ago. Although People has a large staff, the reporting cuts they seek in both New York and LA—which total 18 editorial employees—would add up to a significant loss of celebrity-watching resources. Click through for the entire memo [UPDATE: and details of similar buyout offers at four other titles]: