Conde Facing Another Round of Cuts
Looks like the “difficult decisions” Conde Nast CEO Chuck Townsend warned about in a memo a few weeks back may be coming to pass, a number of outlets are reporting. Here’s the round-up:
AdAge is reporting that the company is planning cuts, maybe as early as this week, to the Conde Nast Media Group, which apparently handles more than 80% of the company’s revenue. The group takes “the lead on big corporate marketing programs and contracts with advertisers that buy across three or more Conde titles.”
Meanwhile
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