Condé Nast is laying off "just under 100" staffers in the U.S. as part of a larger cost-cutting effort at the company, CEO Roger Lynch said Wednesday morning. In a staff memo obtained by The Daily Beast's Maxwell Tani, Lynch said the cuts are concentrated in "specific areas where we could bring down our costs without limiting our growth priorities," and that the company is additionally furloughing "a similar number of people in roles that can't effectively work during this period." A Condé Nast rep did not immediately respond to a question about which areas of the company have been impacted, specifically. The news comes one month after Lynch warned employees that job eliminations were likely on the horizon due to the "substantial impact" of the COVID-19 pandemic on the company's print and digital advertising business. Effective May 1, Condé Nast implemented salary cuts for all employees earning more than $100,000, ranging from 10–20% (or 50%, in Lynch's case), which he said would remain in effect through the end of September. Additionally, Lynch said the company was delaying various initiatives until 2021 in order to "reduce workloads on teams, and to focus us on immediate priorities," and was reducing the working hours "for certain roles," particularly employees who are eligible for government assistance programs. Staffers would be notified of additional actions, such as job eliminations, by the end of May, he said at the time. "To our friends and colleagues leaving the... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-05-13 14:49:32 UTC ]
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OverDrive added more than 2,100 libraries to its global network in the first four months of the year, gains that mark its effort to add a wide range of direct-to-consumer services to its offerings. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-13 00:00:00 UTC ]
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Inkling, a multimedia publishing platform, has laid off about 25% of its workforce after refocusing its business model from consumer ebook sales to a business enterprise model. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-12 00:00:00 UTC ]
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Mark Driscoll, who recently weathered plagiarism charges, has made headlines once again, this time for hiring a company that manipulates bestsellers lists. Now the Seattle pastor is stepping back from his writing career to focus on his church. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-19 00:00:00 UTC ]
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House, a design, decoration, food and lifestyle website, aims to reach 500,000 monthly users in four yearsCondé Nast is launching a online lifestyle offering closely resembling Pinterest, House, replacing its House & Garden and Easy Living websites.The publisher is launching House on... Continue reading at The Guardian
[ The Guardian | 2014-03-12 00:00:00 UTC ]
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A group of the world's leading press freedom bodies is calling on prime minister David Cameron to distance himself from the investigation into The Guardian over the leaks by the NSA whistleblower Edward Snowden.The seven organisations also want Cameron to urge parliament to repeal the statute... Continue reading at The Guardian
[ The Guardian | 2014-02-18 00:00:00 UTC ]
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Men's Health remains number one paid-for title in the men's print market as rival Bauer Media title reports sales of 96,452FHM, which in its pomp as the UK's most popular men's magazine sold more than 600,000 copies a month, has now slipped below a monthly circulation of 100,000.In the latest... Continue reading at The Guardian
[ The Guardian | 2014-02-13 00:00:00 UTC ]
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Poet William Stafford was fêted February 7 in a grand celebration through Portland, Oregon’s Literary Arts organization on the 100th anniversary of his birth. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-10 00:00:00 UTC ]
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I had the luck to have two books published by Tom Rosenthal. He combined the sharpest of editorial eyes and a penetrating critical intelligence with warm encouragement and support. Working with him, I got to know and love an exceptional personality. But, as I discovered, beneath his powerful,... Continue reading at The Guardian
[ The Guardian | 2014-01-23 00:00:00 UTC ]
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In a brief year end note to Penguin Random House employees worldwide, CEO Markus Dohle thanked everyone for putting merger distractions aside did give the company a solid start. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-12-16 00:00:00 UTC ]
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While I love Linux, quality magazines about the kernel are few and far between. Over the years, my favorite has been Linux Format. I was attracted to the magazine by the quality articles and interesting content. However, the price of the magazine was particularly high in the USA, which often... Continue reading at Betanews
[ Betanews | 2013-11-12 00:00:00 UTC ]
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Print still plays a role, but Hanley Wood has committed to a future based on digital media, data services and events. Continue reading at Folio Magazine
[ Folio Magazine | 2013-10-11 00:00:00 UTC ]
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Could this be the global data plan of our dreams? A fan site for Shakira, the artist set to perform at T-Mobile's UnCarrier event tonight, published a teaser on its Facebook page today. The image above suggests that the carrier will announce data plans that include global roaming in more than... Continue reading at Engadget
[ Engadget | 2013-10-10 00:00:00 UTC ]
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In the wake of the government shutdown, Baltimore-based breathe bookstore café is offering a 10 percent discount to furloughed workers. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-10-08 00:00:00 UTC ]
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In the wake of the government shutdown, Baltimore-based breathe bookstore café is offering a 10 percent discount to furloughed workers. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-10-08 00:00:00 UTC ]
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Former Facebook employee Kate Losse says Eggers used her personal story as the narrative for his novel 'The Circle.' Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-10-03 00:00:00 UTC ]
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Whether for movies, music, or magazines, the all–access model has proven it's here to stay. Now, what Spotify has done for music and Netflix has done for movies, a startup called Oyster is trying to do for that most analog of relics: the book. The basic premise of Oyster's invite–only iPhone... Continue reading at Fast Company
[ Fast Company | 2013-09-06 00:00:00 UTC ]
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#including harpercollins
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Condé Nast and Amazon have struck a deal in which the online giant will begin managing print and digital subscriptions for Condé titles, the companies said on Tuesday.The program, called All Access, is meant to simplify the subscription process by sending potential subscribers from the... Continue reading at Crains New York
[ Crains New York | 2013-08-21 00:00:00 UTC ]
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#issue media
#golf digest
#bon appetit
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