Conde Nast: 'Psychotic' Budgets?
Adweek, Wednesday, September 19, 2012 3:59 PM
Condé Nast mags are facing budget cuts of 5%, according to "company sources" cited by Lucia Moses. Some pubs, including Golf Digest and Teen Vogue, have already cut staff. And in a rush to be "more fiscally responsible,” according to one source, some are going overboard, according to another: "The company is 'psychotic' about sticking to budgets," writes Moses.
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