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Condé Nast to Lay Off 5% of Employees, Close Offices in Bid to Cut Costs

Media and publishing company Condé Nast will lay off upwards of 300 employees, representing 5% of its headcount, and take other cost-reduction measures as it looks to improve efficiency. Condé Nast says it has more than 6,000 employees, meaning the job cuts will eliminate more

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