Extra cuts are in retailer at Condé Nast because the writer is weighing merging the style-market editors for Vainness Truthful, Glamour and W underneath one division, sources stated.
Proper now, every title has its personal employees. The mixture would inevitably imply main layoffs.
No one is aware of which division will triumph. Vainness Truthful goes to proceed to publish 12 points a yr, however Glamour goes to do solely 10 subsequent yr.
W, which initially stated that it might downsize to 10 points, lately modified that to eight — however will change to a heavier and glossier inventory.
Glamour Editor-in-Chief Cindi Leive quietly broke the information to a few of her employees final week so they might get a leap on touchdown new jobs, sources stated. Outgoing Vainness Truthful Editor-in-Chief Graydon Carter seems to be letting his alternative, Radhika Jones, deal with the transfer.
Magazines all through the Condé household are being requested to cut prices at the least 20 % as a part of a companywide effort to shave $one hundred million in prices subsequent yr in a bid to remain worthwhile.
Carter, Leive and W Editor-in-Chief Stefano Tonchi both couldn’t be reached or didn’t return calls requesting remark.