Condé Nast has today (2 November) announced it will close Teen Vogue, and cut 80 jobs across the company as well as lower many of its magazines’ frequencies. This marks a decrease of about 2.5 percent to the 3,000-person workforce of the New-York based publisher, which has already instilled a hiring freeze.
As part of the budget cuts, Condé Nast is suspending the print version of Teen Vogue altogether and reducing the frequency of many other magazines. This allegedly includes GQ, Glamour, Allure and Architectural Digest, which will go from 12 issues to 11; Bon Appétit will go from 11 to ten; and W and Condé Nast Traveler will now only have eight issues down from ten.
WWD reports that editor-in-chief of Teen Vogue, Elaine Welteroth will remain working on the title but will likely find an additional role within the company.
The piece goes on to say: “Since the presidential election, Teen Vogue has emerged as a critical voice for Gen-Z and Millennials to rail against the Trump administration, as well as a platform to highlight diversity issues.” This aligns with the recent release of Them, a site focusing on LGBTQ+ issues, spearheaded by Teen Vogue’s digital editorial director, Phillip Picardi.
This next round of cuts is due to be completed by next Thursday, however, many of the publisher’s monthly titles such as Vanity Fair, Vogue, Wired and The New Yorker are expected to remain untouched.
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