First off, let’s start with the way Lucky Group president Gillian Gorman Round framed the layoffs this week at Lucky magazine to New York Post media reporter Keith J. Kelly. His sources say around 15 were let go; Round puts the number at under ten:
\»We were just doing some readjusting on the editorial side.\» Gorman Round said.
And when Kelly asked if Lucky magazine, spun off from Condé Nast last summer, is profitable, Gorman Round beat a-gorman-round the bush:
She declined to say if the venture was profitable, before adding, “We are very financially robust.”
Read the rest of Kelly’s report here. It includes some nasty allegations about how the affected employees’ accumulated time of service prior to the 2014 spin-off was treated.
[Slide image via: luckymag.com]
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