Apr
27
Conde Nast Gives Up on Portfolio
Posted in: Uncategorized
NEW YORK (AdAge.com) — Conde Nast dropped a long-anticipated ax on Conde Nast Portfolio this morning, shutting down the expensive, ambitious effort to build a business magazine with a stylish presentation. The move affects more than 85 employees, already down from a peak of 140 after a retrenchment last November, including Editor in Chief Joanne Lipman and Publisher William Li, who are both leaving the company.
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