Barry Diller’s IAC Rebranding As People Inc., Planning Layoffs In Strategic Restructuring
Deadline...
Barry Diller’s Interactive Corp. (IAC) is renaming itself People Inc. and slimming down its ranks. In a memo to employees (read it below), Diller called it an “opportunistic” move. “I believe today and tomorrow’s opportunities will best be held in the corpus of this new corporate name,” he wrote. The publishing division, which had been […]