Conde Nast

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Condé Nast is making significant workforce cuts by laying off approximately 5% of its employees, amounting to roughly 270 people. This decision comes as the
Circle launches beverage subscription, Verizon sells Yahoo and AOL, and Amazon’s NFL deal starts a year early.
CrowdStrike gets record # of subscribers in Q4, Philo and Best Buy partner with $1 promo, Daily Telegraph to link journalists’ pay to article popularity.
PitchBox Media has launched themed subscription boxes to match media outlets and journalists with publicists, agencies and brands.
Business news site Quartz is laying off 80 employees and emphasizing its membership model as part of a larger restructuring.
Magazine publisher Condé Nast and digital news outlet BuzzFeed announced additional layoffs, furloughs and cost cutting measures due to the pandemic.

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