In an effort to move more of its content to its digital platforms, publishing giant, Condé Nast, is expected to wrap up its layoffs of approximately 80 of its employees (or 2.5 percent of its labor force) by the end of next week, according to WWD. One of its casualties is the regular print version of Teen Vogue. The publisher, however, indicated that the brand was still vital. In a prepared statement it said, “We are aggressively investing in the brand and all of its consumer touchpoints including events like the upcoming inaugural Teen Vogue Summit next month in Los Angeles.”
Other cost-savings measures will be reducing the number of print issues for publications. GQ, Glamour, Allure, and Architectural Digest are expected to reduce to 11 from 12, while Bon Appétit is likely to go from 11 to 10. Condé Nast Traveler and W will reduce from 10 issues to 8, and publications such as Vogue, Wired and Vanity Fair are expected to continue monthly and, in the case of The New Yorker, weekly.