Teen Vogues Making 25% Budget Cuts

Conde executives, who work for the company McKinsey that own Teen Vogue.  Has requested, that Teen Vogue cut their budget next year, by 25 percent. The mother company Vogue, got the same memo, and on Monday  sent a memo to editors about traveling, all travel must be pre approved excluding Anna Wintour of course . According to sources, top executives  are not being specific about how the cuts should be made. We real world people know the drill diminishing expenses, doing away with freelance, reducing magazine frequency, and layoffs. -The Observer