New York Post, January 5, 2007
By Keith J. Kelly

Cutbacks, 2007, now playing at a Time Inc. magazine near you.

The latest casualty figure is 150 people — with the ax being honed and a decision possibly due from bosses like CEO Ann Moore in the next two weeks.

"These things tend to change almost day to day, I don't think anything has been finalized yet," said one source.

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