Memo Pad: Condé Nast Cuts Continue... Newsroom Buyout... - Fashion Memopad - WWD.com
All Articles In Media
754 Articles by Most Recent
Showing only
FILTER BY
  • Memo Pad
    remove
  • Internet
    remove
  • Advertising
    remove
  • Print
    remove
  • Marketing
    remove
Article Type
  • Memo Pad
  • Marketing
  • Publishing
  • Advertising
  • Print
  • Media Features
  • Internet
  • Film & TV

Memo Pad

Memo Pad: Condé Nast Cuts Continue... Newsroom Buyout...

Memo Pad: Condé Nast Cuts Continue... Newsroom Buyout...

by WWD Staff

Posted Tuesday October 20, 2009

From WWD Issue 10/20/2009

Add a Comment Send to a friend Print
A-  A  A+ 
DOWNLOAD PDF
Share
RSS

Cover of Glamour.

Photo By Courtesy Photo

CUTS CONTINUE: The layoffs at Condé Nast continue this week, with Glamour cutting about a dozen editorial staffers on Monday. Though the magazine did not specify how many staffers were let go or release names, several top-level staffers will leave, including deputy editors Ellen Seidman and Maryellen Gordon. Both were longtime editors at the women’s title — Gordon has been there for 10 years, while Seidman first worked for Glamour under Ruth Whitney, and later returned when Cindi Leive took over as editor in chief. The magazine’s production director, Paul Kramer, was also laid off. Glamour also cut seven staffers on the business side early this month.

Glamour’s staff reductions follow layoffs at Vanity Fair, W, Wired, Lucky, Golf Digest and Vogue that started almost two weeks ago as the company streamlines its workforce. The cuts also continued across the digital businesses — Style.com has laid off two contributors, including executive fashion director Candy Pratts Price, whose contract will not be renewed when it ends in spring 2010. Price is also a contributor to Vogue and vogue.com, and will likely make Vogue her primary outlet after her Style.com contract ends. Senior features editor Laird Borrelli-Persson will remain through the end of the year.

As widely reported, Condé Nast’s ad revenues have declined by a third this year, resulting in several rounds of cost cutting and the hiring of McKinsey & Co. The company shuttered Gourmet, Modern Bride, Elegant Bride and Cookie, leaving 180 staffers without positions, and editors and publishers at Condé Nast have been charged with trimming up to 25 percent of their budgets for 2010 through any means they choose, from eliminating positions to reducing T&E budgets.

Cuts this month at the individual magazines and within several corporate divisions of Condé Nast have increased the total number of employees that have left the company to about 250. But not every magazine has relied on staff reductions to help reach its 2010 budget targets. At Self, editor in chief Lucy Danziger gave up her car service for next year, beginning immediately. That said, while Self didn’t eliminate any positions on its edit side, it did reassign some staffers to a reduced work week, and it already had lost some midlevel editors to attrition beginning this summer. However, two recently hired promotions staffers on Self’s business side were let go on Friday. — Stephanie D. Smith

See in one page
Page:  Next »
Loading Comments, Please Wait:
Progress

WWD.com is the authority for news and trends in the worlds of fashion, beauty and retail. Featuring daily headlines and breaking news from all Women's Wear Daily publications, WWD.com provides the most comprehensive coverage anywhere of fashion, beauty and retail news and is the leading destination for all fashion week updates and show reviews from New York, Paris, Milan and London.

Use of and/or registration on any portion of this site constitutes acceptance of our Terms of Use (REVISED 5/22/09) and Privacy Policy (REVISED 5/22/09).
© 2009 Fairchild Fashion Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Fairchild Fashion Group.

  • Back
  • WWD Home
  • Image Search
  • Close Slideshow
ADVERTISEMENT
Click to skip this ad
  • My Favorites
  • Images (0)
  • Articles (0)
minimize
    See More