Conde Nast Like 'A Buggy Company' on the Web
On Big Money, Slate’s brilliantly timed financial site, Lesley M. M. Blume penned an article about Conde Nast’s strategy, or lack thereof, on the Internet. The company recently cut its CondeNet team and axed almost the entire staff of Portfolio.com, saying it was a magazine company first.
A Conde editor — speaking anonymously — believes maybe that’s, um, not the way to go.
“Any rational person would say that’s crazy. To say that we’re just a magazine company in this day and age is like saying that we’re a buggy company.”
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