W Magazine furloughs staff over corona-related downturn

W Magazine has had to furlough employees amid the coronavirus pandemic.

NY Office of Labor data replicate that its parent business, Potential Media Team, has laid off 17 out of 58 personnel.

“The intention is to welcome back again workforce quickly,” stated an insider of the short-term cuts. A media supply told us the mag’s digital workforce is still on staff members, but will be performing with a lessened wage and that the World wide web internet site will continue to be up-and-functioning.

Upcoming Media acquired the luxury magazine, which launched in 1972, from Condé Nast very last June. Sara Moonves changed Stefano Tonchi as editor-in-main. Long term Media also owns Surface area magazine and Look at Journal.