We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The New York Times / Edmund Lee and Vanessa Friedman
/ Apr 13, 2020“Those earning $100,000 or more — approximately just under half the company — will have their salaries reduced by 10 to 20 percent for five months, starting in May…Condé Nast would be one of the first publishers to request taxpayer funds. It’s an unusual move for a business that pays high salaries for editors who historically enjoyed perks such as town cars and clothing allowances, and sales executives who sell luxury advertising.” —
Tags:
Conde Nast,
coronavirus,
cuts,
magazines