When Condé Nast folds a magazine, it doesn't just clear out the desks. There's also the messy business of disentangling the top editors from all the perks that came with being in S.I. Newhouse's good graces. Ask Domino's Deborah Needleman.

Conde Nast is offering $10,000 each quarter for the employee who offers the best idea for improving the company. Do not be suckered in, Nasties! Do you trust the company to protect you? Instead, post your honest ideas here.

The Observer reported last week that execs at Condé Nast have been thinking about cutting licensing deals to generate a little extra revenue, even though Condé chairman Si Newhouse has been resistant to the idea in the past since it has the potential "cheapen the brand." Presumably Vogue-branded toilet paper is a good…

• The Soho loft that Josh Hartnett lived in until recently (and reportedly trashed before moving out) has a new owner. Music executives James Dowdall and Rose Noone sold the apartment at 237 Lafayette Street to banker Rory Keane for $2.030 million. [Cityfile]
• Samuel I. Newhouse IV, the grandson of Condé Nast chief …

They're back, baby! After killing six magazines and banishing hundreds to the unemployment line, Condé Nast has decided to go through with its annual holiday fete.

Si Newhouse (pictured, above) canceled Conde Nast's famous Christmas lunch for the second year in a row, and then—uh oh—then he hired a crisis management flack. Did Details dump toxic waste in Peru?

Ethan Hawke turns 39 today. Mike Nichols, the film director and husband of Diane Sawyer, is turning 78. Gossip Girl's Kelly Rutherford is 41. The First Lady of California, Maria Shriver, is 54. Sally Field is turning 62. Writer Michael Cunningham is 57. Rebecca Romijn (formerly Rebecca Romijn-Stamos) turns 37 today.…

Conde Nast overseer Si Newhouse desperately put his Alberto Giacometti sculpture, "L'Homme Qui Chavire"—for which he'd paid $20 million— up for auction at Sotheby's yesterday. He was expected to lose $10 million on the sale. He got lucky.

It looked like Condé Nast boss Si Newhouse was going to lose big when he put a prized sculpture up for auction at Sotheby's last night. But he ended up doing fine! Or close to it, least. Instead of losing as much as $10 or $12 million on the sale, he only came up $2.8 million short in the end:

Conde Nast potentate Si Newhouse is prepared to take a $10 million loss just to sell off some art and raise some cash. That can't be good.

It's been a brutal few weeks at Condé Nast as the magazine giant has shut down four magazines and slashed hundreds of jobs. The pain, however, isn't limited to the rank and file. A prized piece of art from the collection of Condé Nast chairman Si Newhouse goes up for auction tomorrow at Sotheby's and despite the…

They say blood is thicker than water, but you nick both when cutting to the bone. And so it is that Self magazine has laid off Stephanie Newhouse, granddaughter-in-law to one of the Newhouse brothers who built Condé Nast.

Conde Nast's having survival issues. Not to worry. Despite shuttering Gourmet and clearing out all the Orangina, Si's got a brand new bag: a Conde Nast dating site. We test-drove it with a profile on behalf of a certain chairman.

Mort Zuckerman's latest attempt to expand his media empire has failed, it seems. Reuters is reporting the real estate developer and owner of the Daily News and US News has decided to drop out of the race to acquire BusinessWeek, possibly because he sensed execs at the mag's parent company, McGraw-Hill, are more…

These are uncertain times for Condé Nast. McKinsey consultants are now scouring company budgets looking for fat to trim. And staffers are now getting acclimated to a world in which they're expected to subsist on room temperature Poland Spring, not chilled Fiji water or sparkling citrus beverages in round little…

So everyone in fashion is eagerly awaiting the release of the Anna Wintour/Vogue documentary, The September Issue, one of the most important pieces of cinema ever made, and naturally, the film's premiere will be a high-profile event. But who's invited?

While the dreaded McKinsey recommendations are still weeks away, Conde Nast is in full cost-cutting mode. Examples: Graydon Carter is now lunching in the cafeteria with commoners and the free Fiji water will soon be replaced by tap water. Yeah.

Annie Leibovitz dug herself so deeply into debt that she was forced to mortgage her photographs to a high-end pawn shop to pay off her creditors. Who did she owe money to? None other than Condé Nast, her biggest patron.