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Time Inc. unveiled its first major shake-up Friday, as the magazine division inches closer to spinning off from its parent company Time Warner.
The New York-based Time Inc. ousted both Mark Golin, group editor of its style and entertainment group, and Larry Hackett, managing editor of People magazine.
According to an internal memo sent to staff members, Jess Cagle, editor of Entertainment Weekly, will take the helm as editor of People. He will also assume the role of editorial director for EW. An editor of EW is expected to be named shortly and that person will report to Cagle, the company said.
Cagle will continue to report to David Geithner, executive vice president and group president of the style and entertainment group, with a dotted line to Norman Pearlstine, chief content officer.
The appointment foreshadows impending layoffs at Time Inc., which chief executive officer Joe Ripp alluded to in December at the company’s quarterly corporate meeting. According to Ripp, job cuts will take place this year, as the company prepares to spin off by the second quarter.