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media deathwatch

Why Is Condé Nast Dragging Out Its Staff Cutbacks?

There's probably a very good reason (if it were us doing the firing, that reason would be terror). But when you have a day like today, when a dozen or so total men and women were laid off at Glamour, Wired, and Lucky — on top of similar small bloodbaths last week and one ginormous one the week before — it just seems like bad publicity. The difference between 180 and 220, say, on one day isn't that noteworthy — but this extended bloodletting just makes the company seem like it's hemorrhaging money everywhere. (Not to mention that it flies in the face of the whole "ripping the Band-Aid off quickly" strategy of company morale ... ) [Gawker]

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