Conde Nast Layoffs: Vanity Fair and Vogue Owner Cuts Staff

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Conde Nast Layoffs: Vanity Fair and Vogue Owner Cuts Staff
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The owner of titles like Vogue, The New Yorker, Wired and Vanity Fair says that a rapidly 'changing' media environment is forcing the company to adapt.

Publishing giant Condé Nast is set to undergo a significant restructuring.

In a memo to employees Wednesday, CEO Roger Lynch said the company will cut about 5 percent of its workforce in the coming months as it seeks to adapt to a rapidly changing media environment. “As many of you have heard me say before, we

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