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Today's news of massive cuts at Forbes - including the shuttering of the L.A. bureau - is not the only wave of cost-cutting at the business magazines. Time Inc., publisher of Fortune and Money, is expected to announce next week that it will cut $100 million, including another big round of layoffs (here's the NYT story). That, of course, is in addition to the big layoffs a year ago. Then there's Business Week, which is in the process of being purchased by Bloomberg and might or might not see major trims (lots of mixed signals on that one).
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
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Another rugged quarter for Tribune Co. papers
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Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.