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Wake me when I'm vested
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Jan. 14, 2000 | NEW YORK --
Meanwhile, anyone who has ever spent time at AOL's headquarters just
outside Dulles Airport in Virginia knows that a lot of the men there still
dress like Steve from "Blue's
Clues," and that late in the day the Nerf balls still fly (though the
beer busts are mostly a thing of the past). Casual attire can be seen at
Time publications on days other than Friday -- though casual there still
generally means polo shirts tucked in and "be sure to iron those jeans,
mister." But AOL never exactly swung, mind you; they weren't some bohemian Silicon
Alley start-up with counterintuitive design and guess- Time, in magazine terms, was emblematic of that '50s corporation Wolff
invokes. If the man in the gray flannel suit had worked in magazines, it
would have been one of Time's. The "Velvet Coffin" was so called not just
because the company's perks and bennies were on a par with or better than
anyone else's but because some editors and executives actually never left.
On the 34th floor of the company's headquarters on Sixth Avenue in
Manhattan (right across the street from that other monument to unchanging
entertainment, Radio City Music Hall) were Time's famous "Aloha Suites,"
executive offices for men (always men) whose usefulness was played out
before their contracts had expired. You could glance in, see a secretary, a
sofa, maybe even a little putting green in the corner with artificial turf
-- but no executive. "All of that started changing more than 10 years ago," according to one
Time Inc. veteran I spoke to, "even before the Warner merger in 1990. There
were more Jews in the building, for one. And years ago the very fact that
you were a senior editor automatically meant you had a liquor budget; you
had a cabinet in your office that was refilled once a month with liquor." The influx of women (not to mention sobriety) changed that culture over the
years. "It's part of what happened in society, too," the writer continued.
"There were no longer quite as many folks who felt the need for three-martini lunches; more editors wanted to go home and see their kids." More important, the tolerance for deadwood and coasters decreased as
well. Though there may still be a few execs with ersatz jobs on floor 34,
most everyone else is hustling to compete -- and stay afloat. "In the old
days the managing editor would change, but everyone would keep their jobs,"
said this longtimer, "while at any other magazine you would assume new
editor, new photo editor and so on. That now happens at Time Inc., too."
The free ride is becoming a thing of the past. A couple of years ago an
edict came down from on high: "No more passing the trash." Translation?
"You couldn't take the editor or writer you thought was pretty lousy and
shunt them off to another magazine." | ||
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