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Condé Axes Staff at 'Glamour,' 'Wired'

Condé Nast kicked off its third week of layoffs with 12 people getting the ax at Glamour, the company's second-most-profitable magazine after Vogue. Through November, Glamour's ad pages were down 20.3% for the year.

Eight employees of Wired are also losing their jobs. The layoffs follow cutbacks at Vanity Fair and W on Friday and at Vogue earlier last week. The rolling layoffs are expected to continue over the next week, including some employees in the editorial department at Vanity Fair. That department escaped last week's cuts.

The publishing company is estimated to have laid off nearly 400 people this year, which includes folding six magazines. The shuttered titles are: Portfolio, Domino, Gourmet, Cookie, Modern Bride and Elegant Bride.

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