• WWD, Friday, October 24, 2008 10:15 AM

Harper's Bazaar closed its Los Angeles and San Francisco sales offices this week and hired an outside firm to handle ad sales on the West Coast. The magazine trimmed positions in its merchandising division last week.

"Harper's Bazaar hired a firm to manage sales on the West Coast. We think it's a smart decision - given that we've had growth in paging and share," says a magazine rep. No sales jobs in New York were affected.

Hearst is joining other publishers in trying to trim its cost structure. President Cathie Black is going "floor by floor" at the Hearst Tower to trim costs -- and staff positions -- where possible. The magazine supposedly has a target of $1 million in budget cuts.

Read the whole story at WWD »