Time Warner continues to work at eliminating its cumbersome structure

BY SDH Time Warner in an effort to save some cash, said that it plans to cut more jobs. The first round of cuts will happen at the luggy Time Inc, where jobs were already cut about a year ago. Many have said that the business unit needs to be cut down in size as far as the many different businesses it operates. Luckily though, this time the cuts will only hit a little over 100 people. Belt-tightening efforts continued last year across other parts of the sprawling company, resulting in $262 million in restructuring costs as 4,400 employees were terminated. That was down slightly from 2006, when the company spent $295 million as it eliminated 5,600 jobs Time Warner to Cut More Magazine Jobs [SFGate]