Condé Nast to announce layoffs after facing ‘terrible year’

The rumor mill is churning furiously regarding the future of Condé Nast in light of two magazine consolidations this year. Recently, Hearst Magazines swallowed up Rodale, and Meredith acquired Time Inc., leaving Condé, arguably the glossiest magazine company, with question marks surrounding its fate. Although sale rumors have been rampant — potential suitors are being...

from New York Post http://ift.tt/2BxrTKG