Digital and magazine publisher Condé Nast has laid off more than a dozen senior executives across its various business units, including leaders in charge of marketing, business development and in-person events.
The pink slips come about a year after the publisher cut hundreds of jobs across its magazine publications and websites, which include Wired, GQ, The New Yorker, Architectural Digest, Glamour, Bon Appétit, Vanity Fair and Vogue.
Among those laid off on Thursday were Patrick Garrigan, the Senior Vice President of Global Events and Business Services, who was in charge of putting together Wired’s in-person event called “The Big Interview” that took place on Tuesday. Other events-focused executives were also let go, including Krista Boyd and Seth Dodson, according to a person familiar with the matter.
Adweek named a number of other executives who were also laid off on Thursday, including Chief Business Officer Craig Kostelic and Senior Vice President of Global Commercial Marketing Eric Johnson. The Desk was unable to independently confirm the report, but a source said it was accurate to say that more than a dozen executives were let go.
On Thursday, the Hollywood Reporter cited an unnamed source who said the number of employees working at various Condé Nast publications was expected to remain largely unchanged, suggesting that the layoffs that occurred on Thursday will yield to new leaders being hired in the roles left vacant.
Like other publications, Condé Nast has grappled with a downturn in subscriber and advertising revenue over the years. In March, the CEO of the company said the business missed revenue goals for 2023. It wasn’t clear if the same trend is expected for this year.
