Conde Nast to Shutter Teen Vogue Print Edition, Cut 80 Jobs Across Titles
The company also will decrease the frequency of magazines including GQ, Glamour and Allure.
Conde Nast is shuttering the print edition of Teen Vogue and cutting as many as 80 jobs across the company, an industry source confirmed Thursday to The Hollywood Reporter. The publisher will also decrease the frequency of GQ, Glamour, Allure and Architectural Digest (from 12 to 11 issues per year), as well as Bon Appetit (from 11 to 10) and W and Conde Nast Traveler (from 10 to 8). Vogue, Vanity Fair, Wired, Brides and The New Yorker will not alter their publishing schedule.
At this time, it's unclear where that leaves rising media star Elaine Welteroth, the Teen Vogue editor-in-chief who has become the popular face of the brand since she took over in 2016. WWD speculates that she may move to Glamour, following the departure of longtime EIC Cindi Leive at the end of the year, or to Allure, which is currently headed up by Michelle Lee.
The Gen Z-focused Teen Vogue has been in the spotlight over the past year for its digital coverage of the presidential election and hot-button socio-political issues. It comes as little surprise, however, that the magazine is still struggling to reach its younger, tech-focused target demographic with a print edition. It was only last November that Conde Nast decided to scale back Teen Vogue's publishing schedule, reducing the glossy from 12 issues per year to 5, with an emphasis on keepsake issues.
The digital arm of the Teen Vogue brand is helmed by 26-year-old Phillip Picardi — who also oversees digital content at Allure — and is credited with growing the online audience by almost 7 million in 2015 alone. Last month, he expanded his duties to include oversight of Them, Conde Nast's new digital-only platform which focuses on LGBTQ issues.
A spokesperson from Conde Nast issued the following statement to THR:
"Teen Vogue has experienced tremendous audience growth across its digital, social and video platforms this past year. We are aggressively investing in the brand and all of its consumer touchpoints, including events like the upcoming inaugural Teen Vogue Summit next month in Los Angeles.
As audiences continue to evolve around content consumption, we will modernize and calibrate how, where and when we produce and distribute our content to be in synch with the cultural moments and platforms most important to our audiences. Though the quarterly print editions will cease publishing on a regular schedule, we will explore reimagined special issues timed to specific moments (vs. months) as we do in social."
The good news, however, is that this appears to be the last bout of layoffs in Conde Nast's massive reorganization.
1:30 p.m. Thursday, Nov. 2: Updated with a statement from Conde Nast.