Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
NEW YORK — CondeNet, the online division of Advance Publications Inc., laid off 18, or 12%, of its 147 employees, in a cost-cutting measure as the unit shifts toward creating companion sites to CondeNast magazines.
CondeNet informed employees of the job cuts, which affect all departments except sales and marketing, Tuesday, according to a company representative.
The layoffs are intended to “streamline operations,” according to a statement from the company, and “will not have an adverse impact on CondeNet’s business.”
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in