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Conde Nast Looks to Cut up to $30 Million From its Budget

At this point we all know that Conde Nast CEO Bob Sauerberg has tapped media consulting firm MediaLink to help him roll out a major reorg at the company. This big changes are expected at the company in the coming weeks that will lead to some layoffs. One of the big changes expected to happen is a shift from publishers to group publisher and perhaps an official number two to Mr. Sauerberg among other things. But until those big changes are made official, the company in the meantime is shaving off up to $30 million from its budget.

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Conde Nast Looks to Cut up to $30 Million From its Budget Reviewed by Editor on 6:29 AM Rating: 5
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