(NEW YORK POST) -- Time Inc. is readying another round of layoffs, sources said, with about 200 people expected to get the ax — half of which will come from the editorial ranks.
The layoffs are expected to hit by mid-November.
The move comes as Time’s business and its stock continue to languish despite Chief Executive Rich Battista’s pledge to Wall Street to shave $400 million in costs as part of the big restructuring plan.