There’s sad news in the magazine world. According to the Maynard Institute, Essence magazine Editor-in-Chief Constance White is leaving her role as well as the beauty editor Corynne L. Corbett and the creative director Greg Monfries. Before taking the role as Essence EIC in March 2011, White served as the founder of Talk magazine, a style reporter for The New York Times, the executive fashion editor for Elle magazine and an associate editor for Women’s Wear Daily and W magazine.

What could cause such a talented African-American woman who brought so much confidence and diversity to the African-American culture to leave such an inspiring position? According to Peter Kafka of All Things D, Time Inc., the mag’s publisher, is cutting about 500 jobs as the fourth quarter revenue was down seven percent.