Conde Nast Continues to Cut Jobs
As the publishing house restrategizes under incoming CEO Bob Sauerberg, staff from 'Glamour,' 'Self' and the now-shuttered 'Details' and 'Glam Belleza Latina' magazines are left out in the cold.
It’s been a tough year for anyone in the print industry, but no workplace has had it quite as tough as Conde Nast.
The publishing powerhouse responsible for Vogue, Teen Vogue, Glamour and GQ has had a whirlwind year, beginning with the acquisition of Style.com, whose extensive runway coverage was transitioned to the new VogueRunway.com while the Style.com domain is being built into a separate, content-driven e-commerce site set to launch in 2016.
But things at the print publications have been a bit more grim. Earlier this summer, Lucky magazine (which was launched under Conde Nast before being sold to BeachMint in 2014) was shuttered.
Seven editorial staff layoffs ensued at GQ, followed by yesterday’s news of the shuttering of Details magazine and the subsequent dismissal of over 55 employees in both the editorial and the ad sales divisions. Publishers at Teen Vogue (Jason Wagenheim) and Self (Mary Murcko) were also let go this month, with ad sales for both glossies condensing under Vogue’s and Glamour’s business umbrellas, respectively.
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Today, another wave of layoffs was reported at the company. WWD confirmed that Glamour’s Latina-focused quarterly, Glam Belleza Latina, would fold, cutting five employees in the process, and also that Self was letting go of several editorial employees. The shuttering of Glam Belleza Latina comes less than one month after Hearst shuttered its millennial-targeted Latina magazine, Cosmopolitan for Latinas.
Additionally, The Daily Front Row announced today that a handful of editorial staff at Glamour magazine, including design director Sarah Vinas and accessories director Gretchen Gunlocke Fenton, were dismissed as well.
However, despite these drastic cuts, things are looking up for employees of Conde’s digital teams. As reported yesterday, staff from Details.com will slowly transition to GQStyle.com, which the publisher is aiming to beef up as its new men’s fashion and lifestyle destination.
Like their ad sales team, TeenVogue.com staff will also begin working closely with Vogue.com. Racked reports that the digital staff, still under Phillip Piccardi’s leadership, will now be working on the same floor as their mature counterpart. Additionally, Piccardi will begin reporting to both Vogue.com director Ben Berentson and Teen Vogue editor-in-chief Amy Astley.
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No word yet on whether the publishing giant will begin to grow new digital entities akin to Style.com, which it's building from the ground up, or whether veteran staff, such as Allure's founding editor-in-chief Linda Wells (who stepped down earlier this month), will have a new role in the business.
Meanwhile, competitors at Hearst continue to build up stand-alone digital projects, such as their upcoming Snapchat channel, "Sweet." On the other hand, Fashionista reports that at Nylon magazine, newly appointed editor-in-chief Melissa Giannini (who took over for Michelle Lee, now at Allure) continues to champion the print product over the digital content.