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Conde Nast Combining Some Functions Across Its Magazines to Cut Costs And Pump up Digital

The reshaping of Conde Nast under CEO Bob Sauerberg continues as Mr. Sauerber announced today in a memo to staff that the company was combining its creative, research and copy teams across its publications. The move is part of Mr. Sauerberg's plan to shave costs while pumping up digital. The combined teams will now work together across multiple titles. No word on how many jobs will be lost but there will be some cuts.

Said Mr. Sauerberg in a memo:
In January, I spoke to you about the importance of acting as ONE company and breaking down the silos that prevent collaboration across our brands.  In employee roundtables, group meetings and most recently, our employee survey, there is one constant theme.  You want us to remove the barriers so you can work with and learn from your peers across the company. To that end, last week we took the first step in modernizing our revenue operations by organizing our multiple sales teams, brand development and consumer marketing divisions under one leader, Jim Norton.
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Conde Nast Combining Some Functions Across Its Magazines to Cut Costs And Pump up Digital Reviewed by Editor on Tuesday, October 18, 2016 Rating: 5
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