The cuts that have been rumored for weeks at Time Inc. are starting to become reality. About 30 people were laid off Oct. 22 at the company’s Southern Progress Corp. unit, which publishes seven titles including Southern Living, Cottage Living, Cooking Light and Health.
The layoffs, representing 3 percent of SPC, were limited to the unit’s seven print magazines and were spread across business and editorial. Southern Progress’ digital and books units were not affected.
Southern Progress Corp. Chief Executive Tom Angelillo and three other top executives have retired today, according to parent company Time Inc.
Other retirees are group publisher Scott Sheppard, editorial director Jeanetta Corbett Keller and administrative vice president Lane Schmitt.
New York-based Time announced no replacements.