Condé Nast Layoffs and Centralized Editorial Group
Employees at Condé Nast, including those from Vogue, GQ, Vanity Fair, and Bon Appétit, have been moved to a centralized editorial group due to ongoing layoff negotiations, where they are assigned tasks like summarizing previous coverage and creating profiles of public figures. The union and the company are in contentious labor negotiations with no end in sight.
Key Points
- Employees moved to centralized group due to ongoing layoff negotiations
- Tasks include summarizing coverage and creating profiles
- Union and company in contentious labor negotiations
- No clear timeline for resolution
Pros
- Employees have financial stability during negotiations
- Space to plan next career move
- Could potentially regain old jobs based on union negotiations
Cons
- Employees feel insulted and demoted
- Assigned tasks are tedious and not time-sensitive
- Uncertainty about the future