Condé Nast to Cut Between 70 and 80 Staffers

CondeNastLogoThe next few weeks are going to be a little tense at Condé Nast. According to the Wall Street Journal, 70 to 80 staffers — mostly on the publishing house’s ad side — are getting pink slips between now and the end of October.

The cuts are coming as Edward Menicheschi — who was named CMO and president in August — tries to tighten Condé’s belt. Menicheschi had previously served as Vanity Fair’s VP and publisher.

Menicheschi sure knows how to make his mark. This many layoffs would be the biggest round of cuts to hit Condé since 2012.