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more about #chucktownsend more comments → If_I_Had_a_Poodle: "foodie" sounds so 90s more » Awesome X: Translation: "The economy sucks for everyone, but we're still here, so fuck you New York Magazine. But! Things will get suckier and we're going to hav... more » sirjohnoldcastle: The speed with which this was delivered makes me suspect that most of the Conde Nastees spend their days hitting refresh, which is something McKinsey ... more » AdrienneAgdistis: Feelings about McKinsey aside, most big corporations /are/ greatly overstaffed. Most media companies need to have fewer managers, more content produce... more » Nick Denton: This sounds like a triumph of the business side of Conde Nast. They've been telling people privately that the company has to change how it does busine... more » Motoko Kusanagi: McKinsey. The Quarterly never fails amaze me, and the consultants never fail to underwhelm. more » Astigmatism: A cousin of mine is a McKinsey consultant whose first job was looking for "efficiencies" at a company by interviewing people to find out what their jo... more » Lymed: It's because they didn't actually purchase Jezebel that April 1 so many years ago more » FormerEnglishMajor: Every single company I've had contact with who's hired McKinsey has used the final report as the curtain to hide behind when they fire everyone. "They... more » depardoo: This is definitely the beginning of the end. more » the rzo: I'm looking forward to Conde folding Vanity Fair into the New Yorker, publishing branded issues, and watching their revenue increase by 20%. It proba... more » badasscat: If this economy is the "new normal", then the entire country is pretty much screwed. Because we're losing 650,000 jobs per month here. Do the math. ... more » BookishLookish: From the Conde Nast website: "They [readers] come to our pages and Web sites knowing they will be engaged by the leading minds of our time: writers, e... more » saythatscool: In an unrelated story, Nick went over to Sheila's house last night and kicked her in the vagina "for good measure." Facebook then made a $300 million ... more » DeadliestSin: I get simmilar memos from the head of the media conglomertate I work for in canada- lots of words, not much said. more » -
#media
No More Conde Nast Mag Deaths, For Now
Conde Nast CEO Chuck Townsend says that Conde's Very Bad, No Good, Four-Magazine-Folding Day today marks the end of magazine closures for the company. Although not the end of the hard times. More » -
#badomens
The Management Consultants Who Will End Condé Nast As We Know It
That was quick. Here is the grim memo that Condé Nast CEO Chuck Townsend just sent out announcing that it is bringing in McKinsey & Company to "develop new perspectives on optimizing our approach to business." This will be brutal.
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#media
Conde Nast Needs Good News, Quick
In his memo yesterday, Conde Nast CEO Chuck Townsend told the company's employees that "difficult decisions" are coming. How bad could Conde's 2009 really be? Catastrophic, potentially. More » -
#memos
Condé Nast CEO: Be More Afraid
Condé Nast advertising is down a terrifying 30 percent this year, leading to speculation a bunch more people will be fired. Condé's CEO reassured everyone that, yes, they could be fired. More » -
#gossiproundup
Supermodel-Quarterback Marriage Investigated For Public Good
Incredible resources were deployed to figure out if Tom Brady is marrying Gisele Bundchen and to get Condé Nast's Chuck Townsend wherever the hell he wants to go, in style. More »
