Condé Nast is accepted to complete its final annular of cuts by aing Thursday, WWD has learned.
The New York-based publisher, which has absolute a hiring freeze, will carve about 80 jobs, according to a abatement of about 2.5 percent of its 3,000-person workforce. Budgets beyond departments are additionally accepted to get a haircut, with the worst-performing accommodation and magazines accepting cuts of up to 20 percent.
As allotment of that mandate, Condé is abbreviation the frequencies of best of its titles and will bang Teen Vogue in print. Monthly titles Vanity Fair, Vogue, Wired and The New Yorker, which publishes weekly, will not see any abundance changes. Brides, which runs six times a year, will additionally abide at that publishing pace.
A agent for Condé Nast beneath to animadversion on the abundance changes, account cuts or layoffs.
According to sources, GQ, Glamour, Allure and Architectural Digest will go from 12 issues to 11; Bon Appétit will go from 11 issues to 10, and W and Condé Nast Traveler will now accept eight issues, bottomward from 10. Teen Vogue, which had appear bristles issues a year, will aing its book edition.
Teen Vogue’s buzzy editor in chief Elaine Welteroth may abide alive on the appellation in some accommodation and will acceptable acquisition an added role at the company, an cabal noted. No chat yet on what that role ability be. Since the presidential election, Teen Vogue has emerged as a ytical articulation for Gen-Z and Millennials to abuse adjoin the Trump administration, as able-bodied as a belvedere to highlight assortment issues. While the agenda address has been abundantly run by Phillip Picardi, who additionally oversees Allure’s web site, Welteroth has become the face of Teen Vogue. Sources accept estimated that Welteroth could grab a job as editor in arch of Glamour or editor in arch of Allure (and its accepted editor, Michelle Lee, be
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