Forbes Cuts Pay, Condé Nast Cuts Jobs

Layoffs at Forbes Media, which started yesterday, continued through today. And employees who kept their jobs are getting a pay cut in the form of a mandatory week-long furlough without pay; higher-paid employees will also get an additional cut in salary. Meanwhile fellow publisher Condé Nast continued its cost-cutting push: Yesterday it got rid of some of its secretaries; today it is losing 20 people from its digital team.

Coming to a Web Site Near You: Bigger, More Obnoxious Ads

Think Web ads are annoying now? An industry trade group says they’re not annoying enough. Get ready for the “XXL Box” and “the pushdown”–online ads that insist on your attention.
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Condé Makes Another Digital Move: Someone to Sell Ads

Another sign that magazine heavyweight Condé Nast would eventually like to start making money from the Web: It’s appointed someone to run the sales force of its digital properties. Condé has tapped former Wired publisher and current New Yorker publisher Drew Schutte to be Condé Nast Digital’s chief revenue officer, a newly created position.