Condé Nast let go more staffers yesterday.New York - We've already told you how Condé Nast was making 25% cutbacks throughout the board for 2010 that included magazines not getting published anymore (Gourmet, Cookie, Elegant Bride and Modern Bride), employment layoffs, and W magazine reduced from 12 issues to 6 issues a year. Last week there was a rumor that Vogue had already let go staffers. Condé Nast spokeswoman Maurie Perl issued a statement: "We announced last week when we closed the four titles that there would be companywide expense cost reductions and some workforce reductions in association with the 2010 budget process. These Vogue layoffs are part of that and we have no further comment on the subject." On Monday (Oct. 19) layoffs "came hard and fast at Condé Nast" as a dozen of staffers were let go from Glamour. They included ten-year staff member Maryellen Gordon and fellow deputy editor Ellen Seidman. Style.com, which will be folding into Vogue.com, laid off staffers in higher positions, such as executive fashion director Candy Pratts Price (pictured above with Ashley Olsen at the dinner for the CFDA nominees and honorees in 2008) and Senior features editor Laird Borrelli-Peterson. Price, who has a much-loved section at Style.com, will continue to be a contributing-editor at Vogue though. This just shows that no one is immuned to the recession these days, but here's to hoping things will look up for the magazine and newspaper industry next year. [Story via The Cut; Also via Fashionalogie]Kristina Bustos
fashion + beauty + insider interviews + est 2006
Wednesday, October 21, 2009
AND SO IT CONTINUES...
Posted by ZANDILE BLAY at 8:27 AM