Pink slips continue to flow at Conde Nast. On Monday, it was Glamour's turn to hand out the layoffs. Though the exact number is yet unknown, it is thought that up to a dozen editorial staffers were let go. What is known is that deputy editors Ellen Seidman and Maryellen Gordon, who had worked at Glamour for 10 years, were let go. Also leaving is Paul Kramer, the magazine's production editor.
These layoffs follow those of Vogue, Vanity Fair and W, among other Conde Nast magazines in an attempt to cut the budget by 25%. As previously reported, Conde Nast is set to loose $1 billion in revenue this year.
In happier news for Conde Nast, Anna Wintour, Editor-in-Chief of Vogue, has been named one of New York's Power Dozen by New York Magazine, the only woman to make the list which includes such notables as Mike Bloomberg, Al Sharpton and Rupert Murdoch. The magazine describes Wintour as "the conductor and champion of an industry that employs 175,000 New Yorkers and generates $10 billion a year in wages, probably the only leading figure in any of the city's signature businesses who holds such singular power." She is also lauded for her work on Fashion's Night Out and reviving the retail industry. Congratulations!
Story Source: WWD, NY Mag
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