Company-wide layoffs at Conde Nast have hit most of the companyís media properties as well as corporate communications, according to reports.
Among the 60 or so staffers let go was VP of media relations and digital corporate communications strategy Susan Portnoy, a six-year Conde Nast vet and former PR director for Oscar de la Renta, according to CNís Womenís Wear Daily.
The New York Post reported Oct. 5 that the company slashed budgets by about 10 percent for the current fiscal year and is mulling budget cuts for next year with a goal of another five percent.
WWD said Portnoy and another comms. staffer were that unitís casualties. Portnoyís duties will fall to senior VP/corporate comms. Patricia Steele.