As part of an internal reorganization effort, American Vogue is making its most significant round of layoffs in the last two years, with layoffs including about eight people from director roles to senior marketing roles. The news comes from sources close to the publication.
The source reveals that the director of communications and a Vogue.com senior market editor, specifically, were let go.
These wave of layoffs comes with the uncertainty inside the Vogue offices lead by reports this spring that Anna Wintour, editor-in-chief of Vogue and artistic director of Condé Nast, will soon leave the company.
And while Bob Sauerberg, Condé’s Nast chief executive has denied these rumors back in April to the New York Times, these layoffs come as Condé Nast increases its efforts to cut down on overhead costs and essentially streamline its staff by sharing resources across titles.
With that, the Boston Consulting Group is advising the company on a long-term strategy as well as investments as the company navigates through its print advertising sales which continue to decline but still account for the majority of revenue.
Back in 2016, a bigger reorganization effort was made when Condé Nast joined its creative departments under corporate creative director Raúl Martinez.
And in 2017, the business side of Condé Nast was restructured based on categories and clusters of titles.
Today, Condé Nast is focusing on streamlining its editorial operation as well as its fashion and beauty closets.
Romana Hai started blogging full-time in 2013 . Fashion Ambitions is more than a blog and more-or-less acts as a portfolio containing brands/collaborations and achievements. Although Romana was born and raised in New York, she currently resides in the Financial District of Boston, MA. Romana attended Penn State University and graduated in 2010 with two degrees: Economics from the Smeal College of Business and Telecommunications from the College of Communications. You can reach Romana at email@example.com.