Source: Vogue Layoffs May Be Coming Today (UPDATE – They Came)

It has been widely reported that nearly every surviving title at Condé Nast has been tasked with cutting 25% of their overall budgets. We also know that the Editors-in-Chief at each title have been given the leeway to make the cuts as they see fit, on their own schedule. The timing of these cuts has been closely guarded until now, and it remains unclear when cuts will come for each title. UPDATE – All Things D reports that at least six have been laid off.

Mediaite has heard from a magazine industry source familiar with the fashion title that it’s likely that Vogue will be announcing its cuts today. Stay tuned as the story develops:

Peter Kafka reports:

As expected, Conde Nast executives areswinging the layoff axe around the fabled magazine publisher. Today’s cuts are at Vogue, where I’m told at least 6 people have been let go from one of the company’s best-known titles.

There will be more to come at the publisher, which shut down four magazines last week and is trying to bring down costs at its remaining titles by 25%. “Everybody’s tense and anxious here,” says a still-employed Conde Nast worker. “A terrible environment. We know the layoffs are coming but don’t know how many or when.”

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