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	<title>AllThingsD &#187; Ken Wells</title>
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		<title>Condé's Going-Away Present for Fired Portfolio Editor: A Book Party</title>
		<link>http://allthingsd.com/20081031/condes-going-away-present-for-fired-portfolio-editor-a-book-party/</link>
		<comments>http://allthingsd.com/20081031/condes-going-away-present-for-fired-portfolio-editor-a-book-party/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 21:08:50 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<category><![CDATA[Condé Nast]]></category>
		<category><![CDATA[Joanne Lipman]]></category>
		<category><![CDATA[Ken Wells]]></category>
		<category><![CDATA[layoffs]]></category>
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		<category><![CDATA[Peter Kafka]]></category>
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		<description><![CDATA[After announcing staff cuts yesterday, Cond&#233; Nast's Portfolio has begun handing out pink slips. Senior editor Ken Wells is the most high-profile of the names so far; earlier this week, the magazine hosted a book party for the Wall Street Journal vet.]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-323" href="http://mediamemo.allthingsd.com/20081030/cuts-coming-to-conde-nast-too-portfolio-gathers-the-troops-for-all-hands-meeting/portfolio/"><img class="alignright size-full wp-image-323" title="portfolio" src="http://mediamemo.allthingsd.com/files/2008/10/portfolio.jpg" alt="" width="250" height="339" /></a>After <a href="http://mediamemo.allthingsd.com/20081030/conde-nast-firing-most-portfoliocom-staff/">announcing staff cuts yesterday</a>, Cond&eacute; Nast&#8217;s Portfolio has begun handing out pink slips. I&#8217;ve been told the following people are out so far:</p>
<ul>
<li><a href="http://www.portfolio.com/contributors/Ken-Wells-">Ken Wells</a>, senior editor</li>
<li><a href="http://www.portfolio.com/contributors/Jeff-Garigliano">Jeff Garigliano</a>, senior editor</li>
<li><a href="http://www.portfolio.com/contributors/Jeff-VanDam">Jeff Van Dam</a>, associate editor</li>
<li><a href="http://www.portfolio.com/contributors/Mary-Bridges">Mary Bridges</a>, reporter</li>
<li><a href="http://www.portfolio.com/contributors/Paul-Smalera">Paul Smalera,</a> staff writer</li>
</ul>
<p>Ken Wells is the most high-profile name of bunch. He&#8217;s a Pulitzer finalist and a longtime Wall Street Journal vet (like many of Portfolio editor Joanne Lipman&#8217;s hires).</p>
<p>He&#8217;s also a prolific <a href="http://www.randomhouse.com/author/results.pperl?authorid=32808">author</a>; his most recent book, <a href="http://www.amazon.com/Good-Pirates-Forgotten-Bayous-Hurricane/dp/0300121520">&#8220;The Good Pirates of the Forgotten Bayous: Fighting to Save a Way of Life in the Wake of Hurricane Katrina,&#8221;</a> came out last month. Portfolio hosted a book party for him just this week, an incredulous colleague tells me.</p>
<p>Meanwhile, employees at Portfolio.com still don&#8217;t know who&#8217;s staying and who&#8217;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.</p>
<p>At that point there will be a skeleton crew of three people, though there is unconfirmed talk that Cond&eacute; may end up keeping at least a couple high-profile bloggers, like media reporter <a href="http://www.portfolio.com/views/blogs/mixed-media/">Jeff Bercovici</a> and financial columnist <a href="http://www.portfolio.com/views/blogs/market-movers/">Felix Salmon</a>.</p>
<p>Tips? Please drop me a line: <a href="mailto:peter@allthingsd.com">peter@allthingsd.com</a>.</p>
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