Condé Nast Lays Off or Furloughs Nearly 200 Staffers

It's the latest publisher to cut payroll as a cost-saving measure in response to Covid-19

Condé Nast laid off just under 100 of its roughly 2,700 U.S. employees and temporarily furloughed a similar number in roles that “can’t effectively work during this period,” CEO Roger Lynch wrote in a company email today. A handful of additional employees will have reduced work schedules.