Condé Nast Implements Temporary Pay Reductions, Braces for Additional Cuts

It's the latest media organization to do so amid COVID-19

Executives at Condé Nast, the international media company that includes publications like Vanity Fair, Vogue, GQ and The New Yorker, will temporarily reduce pay and consider the number of layoffs it has to make in response to COVID-19’s impact on its business, CEO Roger Lynch told staffers in an email today.