Condé Nast Executives Prepare Leaner Budgets for 2010
September 23rd, 2009
Following meetings with Chief Operating Officer John Bellando, editors and publishers are preparing their 2010 budgets with an eye toward bringing spending in line with revenue. That will require an average reduction of some 25%, according to sources cited by Crain’s New York Business. Sept. 22, 2009
Tags: 2010 budgets, Conde Nast, cost cuts