Tag Archives: Nast

Condé Nast Expects Layoffs, Cuts Pay for High-Earning Staff – Variety

Media and publishing firm Condé Nast, citing the financial influence of the COVID-19 disaster, is making a collection of cutbacks for high-salary staff and is anticipating making some layoffs. The collection of cost-cutting measures consists of pay cuts of 10%-20% for these making $100,000 or extra yearly — whereas CEO Roger Lynch is taking a 50% pay minimize;… Read More »