Condé Nast laid off a number of employees on Thursday, TheWrap has learned, a little more than a year after the publishing mainstay behind outlets like Vogue, GQ, and The New Yorker slashed 270 jobs.
It’s unclear how many CN employees were laid off and which sectors of the business were affected. Reps for Condé Nast did not immediately respond to TheWrap’s request for comment.
The cuts come 13 months after CEO Roger Lynch cut about 5% of the company’s 5,400 employees. At the time, Lynch said Condé Nas was responding to digital advertising pressures and a decline in social media traffic. And another 12 full-time staffers were cut earlier this year when Condé Nast folded Pitchfork into GQ.
Condé Nast’s layoffs come at the end of an already brutal year for the media in terms of job cuts. Last month, Hearst Magazines — home to a wide array of publications like Esquire, Cosmopolitan and Men’s Health — laid off more than 60 employees. Those cuts came a week after Dotdash Meredith cut 53 employees.
By the end of December, media job cuts could surpass last year’s total. In 2023, broadcast, print and digital outlets collectively cut 2,681 journalism jobs, up 48% from the year before.
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