New rounds of layoffs were underway Thursday at Condé Nast and Vox Media, the latest cutbacks in the publishing sector as companies look to tighten their belts.
The job cuts at Condé Nast come after the company said earlier this month that it will lay off upwards of 300 employees, representing 5% of total headcount, and take other cost-reduction measures. ...
Vox, whose properties include New York magazine, the Verge and Vox.com, is cutting about 4% of its workforce — its second round of layoffs this year, after reducing its headcount by 7% in January.
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