The Layoff Parade: Teen Vogue, Forbes, Time Inc.
In today’s dark media column, the layoff train is rollin’ down the tracks that many magazines now regret installing in their offices.
Another Conde Nast mag lines up for its 25 per cent budget cuts: A tipster tells us that Teen Vogue had about six layoffs today in the sales and marketing departments, including, they say, a pregnant woman.
Elsewhere in magazine layoffs: The long-awaited Forbes layoffs are coming down this week. Keith Kelly says 30 to 40 layoffs there this week. And WWD says that Time Inc. is “expected to make staff reductions across the board next week”. That follows the 600 layoffs there one year ago. Damn.