Amid all of the carnage at Conde Nast this month, rumors were floating that Si Newhouse was sheltering his three most precious magazines: the New Yorker, Vogue, and Vanity Fair. Well; the part about Vanity Fair, at least, was wrong.
Vanity Fair's layoffs were said to be in the double-digit range, and hit as high as senior editors and as low as fact checkers, and were deep, in part, because Carter largely ignored the edict to chop 5 percent late last year.
Nobody's escaping this recession totally unscathed. The New Yorker did suffer business-side cutbacks, we hear, but its editorial staff was largely protected. Vogue had a handful of layoffs last week. And, of course, the rest of the company's magazines have almost all taken hits as well (the most recent being a half dozen layoffs at GQ yesterday, according to WWD).
But Vanity Fair got hit hard. It seemingly wasn't spared a bit. Which makes one think that Graydon Carter's level of influence (unlike David Remnick's) is no match for economic reality. And the nastiest part: the Post says that Graydon didn't even show up in the office yesterday when all the layoffs were happening.
UPDATE: And now, a source tells us: The word inside the building is that Graydon was absent from work yesterday because he was on a private jet to Bermuda. Repeat: Sources say Graydon Carter missed layoff day at his magazine because he was on a private jet to Bermuda. We've asked Conde Nast about this and we'll update with their reply. [Know more? Email us].
Bad form, Graydon. You keep this up and you may find yourself a full-time restaurateur.