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Conde Nast

Headquarters: 4 Times Square
New York, NY 10036
Employees: 1,200
CEO: Charles Townsend
Editorial Director: Thomas Wallace
Division of privately held Advance Publications

Website: http://www.condenast.com

Careers

Conde Nast is one of the best-known and most prestigious magazine publishers in the world. It publishes renowned magazines including Vogue, GQ, Vanity Fair, Wired, The New Yorker, Glamour, Bon Appetit, Self and Architectural Digest.

Conde Nast magazines are primarily upscale publications and targeted to a wealthier audience. Vogue is the bible of the fashion industry led by editor Anna Wintour. Vanity Fair focuses on celebrities and is best known for its glitzy annual after-party at the Academy Awards in Los Angeles. The New Yorker is a weekly and often praised as having the best writing among all magazines.

The weak economy has hurt the company with steep declines in advertising. In April, the company shut down Portfolio, a business magazine launched in 2007. Conde Nast spent over $100 million on the magazine since its launch.

In October, Conde Nast announced plans to close Gourmet, Cookie, Modern Bride and Elegant Bride magazines. Approximately 180 jobs will be lost.

Conde Nast has cut 10% of its workforce during the past year with more likely to come following a review of its entire business in 2009 by the McKinsey consulting firm.

Conde Nast is a division of privately held Advance Publications, which also owns Parade Publications, Fairchild Publications, American City Business Journals, the Golf Digest Companies, and newspapers in more than 20 American cities; Advance Publications also has extensive interests in cable television, as well as in Internet sites which are related to its print publications.

The building housing Conde Nast headquarters was completed in 2000 and is just off Times Square. There is a sleek 260-seat cafeteria for employees located on the fourth floor featuring gourmet foods.

Benefits

- Medical and Dental Plans
- Flexible Spending Accounts
- Before-tax Commuter Plan
- Company-paid Short Term and Long Term Disability plans
- Company-paid life insurance + supplemental and dependent life
- 401(k) Plan
- Company-funded Pension Plan
- Paid Time Off
- Health & Fitness Allowance
- Tuition Reimbursement
- Employee Assistance Program
- Legal Plan
- Backup Childcare in NYC office
- Direct Deposit

Updated October 5, 2009

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