Time Inc.’s selloff continues to gather momentum, and the biggest downsizing yet may be imminent.

The word from insiders is that the Tampa, Fla., fulfillment center — which handles important but mundane things like databases and subscription renewals — is going to be either sold or outsourced, with most of its 700 employees going to Asia.

A Time Inc. spokeswoman tells Media Ink, “We have hired a consultant to help us pursue potential partnerships and improve and modernize our technology, reduce our costs and improve our service to customers and clients.”

The Time spokeswoman insisted that the company does not presently have plans to send the job overseas. The speculation inside is that may change by the time the process is completed.

In the latest reversal, the company said it was selling its live event company, INVNT, that then-CEO Joe Ripp acquired it in 2015 as a way to expand beyond a print based business.

It will be sold back to the founding partners, Scott Cullather and Kristina McCoobery.

In recent days, Time acknowledged that it is seeking to sell three US-based titles — Coastal Living, Sunset and Golf —  and a majority stake in Essence.

Time is also, according to a report this week in the Wall Street Journal, exploring the sale of Time International, its London based magazine group, (formerly known as IPC) publisher of Horse & Hound, Wallpaper and 60 other titles. Time declined to comment on that report.