Candy Pratts Price Let Go From Style.com; a Dozen Laid Off at Glamour
Magazines must reduce budgets by either laying off staffers or cutting travel and entertainment expenses.
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Magazines must reduce budgets by either laying off staffers or cutting travel and entertainment expenses.
The company also won't match 401(k) contributions in 2009, among other cost-cutting measures.
In good company with other Condé Nast titles, like the ominously thin 'Lucky.'
They're offering subscribers 'Portfolio' for the run of their 'Mogue' subscriptions.
Luxury and fashion titles are taking a beating in this economic climate. A hard, nasty beating.
All Condé Nast titles must cut staffs and budgets each by 5 percent within weeks.
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