Holy shit. In our analysis of what magazines are getting trimmed down to nothing in the upcoming weeks or months, we somehow overlooked entirely Men's Vogue. Because hell, it's Condé Nast, and nothing bad ever happens to those guys, right? Si Newhouse practically invented the upper echelon privileges of town car services, clothing budgets, and expensive dinners for the staff, billed to the company. So there is no way that say, Men's Vogue may be cut down entirely, and every single title under the Condé umbrella will be forced to do staff cuts, is there?

Sorry, everybody.

All Condé Nast publishers and editors have been told they have to cut their staffs by five percent and their budgets by five percent within weeks, according to five Conde Nast sources.

It will affect every title, including the company's most successful: The New Yorker, Vanity Fair, Wired, Glamour, and down the line.

The plan is not just a five percent overall spending reduction but rather two distinct five-percent cuts for each title, guaranteeing that titles cannot meet the goal without cutting staff.
One magazine appears to be in line for even larger budgetary overhaul. Executives are still figuring out what to do with Men's Vogue, and options have run the gamut, including the possibilty of folding it.

One Condé Nast source said that it's likely that the magazine will scale back from publishing 10 issues a year to running only twice a year and it will give up its entire ad sales staff, with Vogue business staff handling the work.

"It'll be a small, small, small version of what it is," said a 4 Times Square source. "And the small version will exist for nothing more than for Anna to save face."

Welp, the recession is now officially upon us. Let's just pack it in right now and go home to stock up on can goods and fill our bathtubs with clean water. Where are the Japanese to save us from horrible men's fashion now?