The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Media 58 - Publishing activities 58.1 - Publishing of books, newspapers and other publishing activities, except software publishing 58.13 - Publishing of journals and periodicals
180 jobs Number of planned job losses
Announcement Date
5 October 2009
Employment effect (start)
1 December 2009
Foreseen end date
Description
Magazine publisher Condé Nast is to close four magazines - Gourmet, Modern Bride, Elegant Bride and Cookie - with the consequent loss of 180 jobs.
Condé Nast publishes Vogue, GQ, Vanity Fair, Wired, The New Yorker, Glamour, Bon Appetit, Self and Architectural Digest. It has around 1,200 employees.
Sources
6 October 2009: Il Sole 24 Ore
Citation
Eurofound (2009), Condé Nast, Internal restructuring in World, factsheet number 69762, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69762.