Time Inc. slashed a number of jobs yesterday as part of its goal to cut its budget for next year. Among the casualties was quarterly spin-off magazine InStyle Weddings, which was shuttered, costing around nine people their jobs. But the carnage didn’t stop there; Fortune and Sports Illustrated also suffered losses.
Posts Tagged ‘InStyle Weddings’
The last issue of InStyle Weddings, a quarterly that launched as a special issue in 2000, will be on newsstands on December 25, a magazine spokesperson told FishbowlNY.
Although the brand’s monthly magazine has had some good news this year, averaging 772,000 copies per month on the newsstand during the third quarter of 2009 along with increases in ad pages under publisher Connie Anne Phillips, the decision to shutter the weddings title reflects on the struggling bridal market. Case in point: earlier this year, Condé Nast shuttered two of its bridal mags and restructured its remaining bridal group.
Sadly, the decision to shutter InStyle Weddings will result in a some layoffs — we hear about nine people — but the brand will continue to publish special issue spin-offs like InStyle Hair in the spring and InStyle Makeovers in the fall.
Earlier: Breaking: More Layoffs At Time Inc.