×
30 273
Fashion Jobs
L.L.BEAN INC.
Sales Representative
Permanent · Madison
ROSS STORES
Store Protection Specialist
Permanent · West Jordan
ROSS STORES
Store Protection Specialist
Permanent · Fresno
ROSS STORES
Store Protection Specialist
Permanent · Houston
ROSS STORES
Store Protection Specialist
Permanent · Orlando
ROSS STORES
Store Protection Specialist
Permanent · Anaheim
ROSS STORES
Store Protection Specialist
Permanent · Citrus Heights
ROSS STORES
Store Protection Specialist
Permanent · Eureka
ROSS STORES
Store Protection Specialist
Permanent · Orlando
ROSS STORES
Store Protection Specialist
Permanent · Fort Lauderdale
ROSS STORES
Store Protection Specialist
Permanent · Hendersonville
ROSS STORES
Store Protection Specialist
Permanent · Dededo
ROSS STORES
Store Protection Specialist
Permanent · Champaign
ROSS STORES
Store Protection Specialist
Permanent · St. George
ROSS STORES
Store Protection Specialist
Permanent · North Las Vegas
ROSS STORES
Store Protection Specialist
Permanent · Houston
ROSS STORES
Store Protection Specialist
Permanent · Austin
HUGO BOSS
Merchandising Coordinator, Ecommerce
Permanent · New York
RALPH LAUREN
Polo Factory Store - General Manager
Permanent · Manchester
AEROPOSTALE
Director, Digital Marketing, CRM & Loyalty, Sparc Group
Permanent · Lyndhurst
ESTÉE LAUDER COMPANIES
Lead, Project Manager, Americas Supply Chain Technology
Permanent · Bristol
ESTÉE LAUDER COMPANIES
Keyholder - The Cosmetics Company Store - 20 Hrs - Wrentham Village Premium Outlets - Wrentham,ma
Permanent · Wrentham
Published
May 15, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Condé Nast lays off 100 employees on increased cuts

Published
May 15, 2020

With the Covid-19 crisis continuing to disrupt the economy, publishing powerhouse Condé Nast is laying off nearly 100 United States employees and furloughing an additional 100.


Instagram @voguemagazine


According to industry reports, the cuts were announced via a memo from the publisher, which operates titles including Vogue, GQ, Glamour, Teen Vogue and Allure, among others. The memo also stated that the company will reduce work hours for some employees.

“These decisions are never easy, and not something I ever take lightly,” Roger Lunch, the company's chief executive, said in the memo. “I want to be transparent about the principles and approach we used.”  

The latest cutbacks come after Condé's April announcement that it would work to offset lost advertising revenues by effecting salary cuts of between 10% and 20% for employees making more than $100,000, including Lynch and Anna Wintour - editor-in-chief of American Vogue and the artistic director of Condé Nast.

The pandemic's impact has also caused the company to temporarily suspend a number of its projects, such as the reformation of event spaces and the creation of a global intranet for employees.

Condé joins several other major media entities that have had to constrict as advertising revenues dry up, including Vox Media, Tribune Publishing Co., and Future Media Group's W Magazine, which furloughed the majority of its staff in late March. 

Copyright © 2021 FashionNetwork.com All rights reserved.