Pay Cuts Come to Condé Nast, the Glossy Publisher of Vogue and Vanity Fair

Condé Nast, the most glittering of all magazine publishers, is the latest media casualty of the coronavirus pandemic.

Roger J. Lynch, the chief executive of the company behind Vogue, Vanity Fair and The New Yorker, sent a memo on Monday to 6,000 employees around the world to inform them of an austerity plan that includes pay cuts, furloughs and possible layoffs.

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