Condé Nast Nast executives have tapped Washington, D.C.-based crisis manager and media coach Michael Sheehan to improve the company's image. Sheehan is known for coaching Bill Clinton, Barack Obama, AIG and JP Morgan. Lucky publisher Gina Sanders used Sheehan when she launched Teen Vogue.

Help is needed because morale at Condé is hitting an all-time low. After the closure six magazines and hundreds of layoffs, the publisher's glitzy image has also taken a drubbing on Madison Avenue.

Meanwhile, cutbacks are picking up on the newspaper side of Condé's parent company Advance Publications. The Staten Island Advance, one of the company's first papers, is looking for another 40-plus volunteers to take severance packages before year's end.

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