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Conde Nast’s Survival Strategy: Less Orangina, More Sex

6:00AM Foster Kamer | Conde Nast’s having survival issues. Not to worry. Despite shuttering Gourmet, Si’s got a brand new bag: a Conde Nast dating site. We test-drove it with a profile on behalf of a certain chairman. More »
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The Wrath of McKinsey: Conde Nast To Fold Gourmet, Three Others

3:00AM Hamilton Nolan | The results of the Conde Nast Magazine Death Pool are in, stunningly early: the company announced this morning that it’s folding Gourmet, Cookie, and two bridal magazines, Elegant Bride and Modern Bride. More »
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Conde Nast: 25% Cuts, Layoffs Loom. Except At The New Yorker!

11:33PM Hamilton Nolan | For weeks now, a scary number has been floating through the hallowed halls of Conde Nast: 25%. That’s how much the gossipmongers speculated McKinsey would chop the company’s budget. Evil rumours! Now it looks like that frightening number was correct. More »
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Will The Weakest Survive At Conde Nast?

12:15AM Hamilton Nolan | Conde Nast! Every scrap of news about it is precious, because everyone’s afraid that this McKinsey review is just an excuse to gut the once-fancy magazine empire. But! Conde’s weakest magazines might even make it through this alive. More »
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At Conde Nast, Every Perk Must Go

12:34AM Hamilton Nolan | Twenty-five percent! One fourth of the whole pie! This scary number is being kicked around everywhere as the worst(?) case scenario for the looming Conde Nast budget cuts. Every perk is being trimmed—even the ones for little old ladies. More »
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What Will The Morning Bring For Condé Nast?

8:59AM Gabriel Snyder | Panicked reports are emanating from 4 Times Square about an announcement everyone’s expecting in the morning. Perhaps the long-dreaded cost-cutting recommendations from the McKinsey consultants who’ve been scrutinising the expense accounts and budgets? More »
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Conde, McKinsey And The Death Of Endless Dreams

9:00PM Andrew Belonsky | McKinsey consultants are very close to completing their evaluation of Conde Nast and all of its glorious over-consumption. This can only mean one thing: the dismantling of a publishing empire and, also, countless unborn dreams. More »
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Anna Wintour Will Not Stay In A Cheaper Hotel

12:16AM Hamilton Nolan | What, exactly, is McKinsey’s strategy for cutting costs at Conde Nast? Having parsed today’s worthless anecdotal evidence, we now know: Let Vogue do whatever she likes, and make the poor meek New Yorker staffers suffer to make up for it. More »
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Conde Nast Forced To Discover ‘Profitability’

1:21AM Hamilton Nolan | McKinsey & Co.’s penny-pinching audit of Conde Nast is underway, and they’re successfully striking fear into the hearts of employees at all levels. Apparently magazines are expected to “make money,” now? More »