Wednesday, 21 October 2009

conde nast continues with cuts

"it is a big market.  even if it is a crowded market, conde nast hasn't really shied away from that."
- conde nast

wwd reported yesterday that cuts were to continue over at conde nast this week as 2010 budgets need to be met.  the most recent round would bring the combined total thus far to 250 laid off employees.  it is believed that ellen seidman, maryellen gordon and paul kramer were amongst those asked to leave glamour on monday.  candy pratts price's contract with was not renewed.  lucy danziger, editor in chief of self, gave up her car service for a year, effective immediately, in order to avoid reductions although a reduced work week is now assigned to certain staff and attritted positions have not been replaced.  

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