Did you all know Time Warner has a Parsippany office? As in Parsippany, New Jersey? We didn't either. Until we were told they have begun moving people there from the NYC offices. We know it's kind of un-sexy news (no editors packing up boxes or having affairs with interns) but we feel it is important to reach out to the often ignored people on the biz side, and let them know what the hell is going on.
Time Warner is moving Time/Warner Retail (no, not the gift shop, the their retail sales & marketing department), out of city limits to join the wonder world of foreign publishing.
T/WR is the first business unit to move to the Parsippany office which we purchased a little over a year ago. The decision to move them was based on several factors including their relationships with clients, wholesalers and retailers outside of the New York City area. In addition, T/WR clearly understands how to effectively work as a team across multiple locations. More than 60% of T/WR’s workforce is currently outside of New York City.
The full announcement, which certainly lacks threats of moving any Time Inc. pubs to Jersey, after the jump.
o: Time Inc. Staff
From: Ann Moore
Re: Time/Warner Retail Announcement
Earlier today Time/Warner Retail announced they will be moving their New York City operations to Time Inc.’s Parsippany, New Jersey office building. While we are working to finalize a date, it’s unlikely to occur before the 2nd quarter of 2007. Approximately 150 people will be moving.
T/WR is the first business unit to move to the Parsippany office which we purchased a little over a year ago. The decision to move them was based on several factors including their relationships with clients, wholesalers and retailers outside of the New York City area. In addition, T/WR clearly understands how to effectively work as a team across multiple locations. More than 60% of T/WR’s workforce is currently outside of New York City.
I appreciate Rich Jacobsen and T/WR’s leadership in making this change. Their move is another example of how Time Inc. is operating differently than we have in past, as we examine our cost base and look for efficiencies in order to invest in key areas of growth including our digital/online initiatives and core titles.
We will work closely with T/WR employees to provide them with the support and resources necessary as they move to Parsippany. Understanding that employees will still have meetings and other business to conduct in New York, we plan to provide local work stations and meeting spaces in the New York area so that business may go on as usual.
I thank everyone at T/WR for their support with this move and will keep you all informed as plans develop.
A. M.
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