Tuesday, September 15, 2009

At Conde Nast, Every Perk Must Go

Twenty-five percent! One fourth of the whole pie! This scary number's being kicked around everywhere as the worst(?) case scenario for the looming Conde Nast budget cuts. Every perk is being trimmed—even the ones for little old ladies.

A tipster tells us the following story, and we don't need to spell out its implications: For decades, the New Yorker gave its longtime employees (those with, say, 20 years or more on the job, or those who retired) a small perk: aSource: Defamer RSS Feed

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