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W Magazine has had to furlough staff amid the coronavirus pandemic. NY Department of Labor records reflect that its parent company, Future Media Group, has laid off 17 out of 58 employees. “The goal is to welcome back employees soon,” said an insider of the temporary cuts. A media source told us the mag’s digital …
W Magazine has had to furlough staff amid the coronavirus pandemic.
NY Department of Labor records reflect that its parent company, Future Media Group, has laid off 17 out of 58 employees.
“The goal is to welcome back employees soon,” said an insider of the temporary cuts. A media source told us the mag’s digital team is still on staff, but will be working with a reduced salary and that the Web site will still be up-and-running.
Future Media bought the luxury mag, which launched in 1972, from Condé Nast last June. Sara Moonves replaced Stefano Tonchi as editor-in-chief. Future Media also owns Surface magazine and Watch Journal.
