Double Super Secret Cost Cutting?

Time staffers are still waiting for the gavel to fall on Time Inc.'s latest round of cost-cutting announced last week. While Sports Illustrated staffers received a memo announcing the revocation of perks such as catered meetings and (gasp!) business-class air travel, Time staffers haven't heard anything similar. "We've had some trouble with e-mail," a Time staffer joked. "The one lesson we took away from Matt Cooper was not to put anything in e-mails." Time managing editor Jim Kelly said the magazine wasn't trying to avoid a leak by not issuing a memo, and an e-mail about expenses will be distributed in the next week. "We have a memo that will go out at some point," Mr. Kelly said. "It was left up to each magazine to do its own thing." --Gabriel Sherman