Last year, Condé Nast announced that it would be scaling back Teen Vogue‘s print editions to a quarterly format, but now it appears they are scratching the print editions all together according to WWD.
The publisher will slash about 80 jobs, which comes out to being a reported 2.5 percent decrease from its 3,000-person employee base.
Teen Vogue released a statement to Fashionista.com addressing the news.
TEEN VOGUE HAS EXPERIENCED TREMENDOUS AUDIENCE GROWTH ACROSS ITS DIGITAL, SOCIAL AND VIDEO PLATFORMS THIS PAST YEAR. WE ARE AGGRESSIVELY INVESTING IN THE BRAND AND ALL OF ITS CONSUMER TOUCHPOINTS, INCLUDING EVENTS LIKE THE UPCOMING INAUGURAL TEEN VOGUE SUMMIT NEXT MONTH IN LOS ANGELES.
AS AUDIENCES CONTINUE TO EVOLVE AROUND CONTENT CONSUMPTION, WE WILL MODERNIZE AND CALIBRATE HOW, WHERE AND WHEN WE PRODUCE AND DISTRIBUTE OUR CONTENT TO BE IN SYNCH WITH THE CULTURAL MOMENTS AND PLATFORMS MOST IMPORTANT TO OUR AUDIENCES. THOUGH THE QUARTERLY PRINT EDITIONS WILL CEASE PUBLISHING ON A REGULAR SCHEDULE, WE WILL EXPLORE REIMAGINED SPECIAL ISSUES TIMED TO SPECIFIC MOMENTS (VS. MONTHS) AS WE DO IN SOCIAL.
