Around the Net

Latest Layoffs: Conde Nast, 'Sports Illustrated'

  • Adweek, Friday, July 13, 2012 12:04 PM

Twelve Condé Nast corporate sales executives have been laid off, while digital execs were promoted, as part of a major restructuring meant "to integrate its print and digital sides," reportsAdweek's Emma Bazilian. Among the departed: Thomas Hartman, senior vice president for corporate sales, and senior vice president of finance Rob Silverstone.

In other publishing personnel news, Time Inc.'s Sports Illustrated "was expected to begin layoffs as early as Thursday," with only three staffers having taken earlier voluntary buyouts, reports  Lucia Moses. Hardest hit could be the photography department, an important part of the magazine's tradition.

advertisement

advertisement

Read the whole story at Adweek »

Next story loading loading..