OLD Media Moves

Former Conde Nast Portfolio editors create site covering recession

February 9, 2009

Two former editors of Conde Nast Portfolio who were laid off from the business magazine have created a Web site chronicling the recession called Recessionwire.com, writes Andrew Adam Newman of the New York Times.

Newman writes, “Laura Rich and Sara Clemence, former assistant managing editor and lifestyle editor, respectively, for Portfolio’s Web site, teamed up with Lynn Parramore, an author and academic, to created a ‘user’s guide to the recession.’

“The site links to economics articles and has regular features like Lemonade Makers, on adapting to the financial crisis; Redux, essays by Ms. Parramore on how other downturns influenced art and fashion; and Love in the Time of Layoff, in which Deborah Siegel, a freelancer, chronicles how she and her husband adjust to his recently getting a pink slip.

“Ms. Clemence seemed to land on her feet on the morning of Jan. 28, when she accepted a Web editor job at another Condé Nast publication, Domino; a few hours later, she received a call informing her that the magazine was folding.”

Read more here.

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