Vox Media and Condé Nast Announce New Round of Layoffs
Job cuts reflect ongoing turmoil in advertising and increasing volatility of search and social platforms.
- Vox Media and Condé Nast announced layoffs, marking another wave of job cuts in the media industry.
- Vox Media let go of approximately 4% of its staff, primarily in its product, design, technology and analytics team, as well as their animal-focused site, The Dodo.
- Condé Nast is reportedly beginning layoffs at publications including The New Yorker and Vanity Fair, following an earlier announcement of plans to trim its team by 5%.
- The layoffs reflect continued turmoil in advertising and the need to build more loyal audience relationships amid the increasing volatility of search and social platforms.
- The Vox Media Union and other employees have expressed outrage over the layoffs, demanding that management find a financial path forward that does not result in the elimination of any more union jobs.