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The US media company that bought Time Inc just weeks ago is looking to sell some of the firm's most well-known magazines and plans to cut 1,000 jobs(裁员1000人).
Meredith said the moves(措施/举措), which include exploring sale of Time's namesake publication(同名出版物), are part of a plan to save $400m-$500m over two years.
Since closing on its $1.8bn (£1.3bn) purchase(购买) of Time in January, Meredith has already sold Time Inc UK and Golf.
The Iowa company has also cut hundreds of positions(岗位).
Meredith is owner of titles such as Better Homes & Gardens and Family Circle and says that its brands reach 175 million Americans every month, including 80% of "millennial women"(千禧年女性).
Meredith boss Tom Harty said the titles intended for sale - Time, Sports Illustrated, Money and Fortune - have different target audiences(目标受众) and advertising bases(广告基础), and would do better with a different owner.
"We are pleased with the inbound interest we have received, and we are confident these brands will be positioned for growth with an owner that shares Meredith's respect for editorial integrity and independence," he said,
Meredith said it is looking to boost(提高) advertising(广告) and circulation(发行量) at Time's other titles.
The company said the layoffs(裁员) are driven by plans to consolidate(巩固) certain operations in Iowa, which has lower costs. The firm has already announced 200 cuts(裁员) and expects 1,000 more over 10 months.
Its purchase of Time - a transaction valued at $2.8bn(价值28亿美元的交易) including debt - was backed(支持) by Republican donors the Koch brothers.
In March Time Inc UK said music magazine NME would no longer run as a weekly edition(不再作为周刊运营).
托福写作题目:
1. Some people think that printed book is not necessary in digital era because books can stored in electronically, while others believe that printed books will continue to play an important part in our lives. Discuss both views and your opinions.
2. Some people think news have no connection to people’s lives, so then it is a waste of time to read the news in the newspaper and watch television news programs. To what extent do you agree or disagree?
以上就是小编为同学们整理的托福写作语料库之《时代周刊》减价+裁员的内容,希望能够帮助正在备考托福的同学们!