All Things Digital

Skip to main content.

MediaMemo

Condé’s Going-Away Present for Fired Portfolio Editor: A Book Party

After announcing staff cuts yesterday, Condé Nast’s Portfolio has begun handing out pink slips. I’ve been told the following people are out so far:

Ken Wells is the most high-profile name of bunch. He’s a Pulitzer finalist and a longtime Wall Street Journal vet (like many of Portfolio editor Joanne Lipman’s hires).

He’s also a prolific author; his most recent book, “The Good Pirates of the Forgotten Bayous: Fighting to Save a Way of Life in the Wake of Hurricane Katrina,” came out last month. Portfolio hosted a book party for him just this week, an incredulous colleague tells me.

Meanwhile, employees at Portfolio.com still don’t know who’s staying and who’s going. One of them tells me that half the 23-person staff will be let go at the end of November and the rest will stay through December.

At that point there will be a skeleton crew of three people, though there is unconfirmed talk that Condé may end up keeping at least a couple high-profile bloggers, like media reporter Jeff Bercovici and financial columnist Felix Salmon.

Tips? Please drop me a line: peter@allthingsd.com.

Comments

  1. So Condé Nast’s Portfolio has begun handing out pink slips.
    Wow, all that Microsoft shilling and Apple hating is finished? Surprising! Microsoft must be cutting back on shills.

    Posted by zato Gibson at November 1st, 2008 at 1:28 pm

Add a Comment

You must be logged in to post a comment. Sign up here or log in below.

Comments posted on this site must be signed with your full, real name. Please see our Comments policy for details.

Latest MediaMemo Videos

More Videos »

About Peter

Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider.

Read more »

Send an Anonymous Tip »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

Read more »