A Day of Reckoning at Conde NastS

We hear Wired had its own round of editorial layoffs today. What's going on at Conde Nast? A very bad Monday. In a very bad month. Let's review:


Today seems to have been the day when the ax started swinging on the editorial side. The wave of layoffs over the last two weeks hit mostly business side staffers: Ten at W magazine, six at Vanity Fair, at least two at Self, at least ten at the golf magazines, six at Vogue, more than a dozen at Brides.

If you don't work at the New Yorker, be nervous.
UPDATE: Then again—a tipster tells us "at least 7 people let go from ad sales and creative services over the past 3 weeks" at the New Yorker. But uh, editorial side should be perfectly safe.
[Pic: AP]