Finance Geek

Condé Nast’s latest cost cutting measure will probably be met with giggles and groans, but it’s smart: No more newspapers on the company dime, according to a memo leaked to Mediaite.

Paper newspapers are no longer practical or efficient, and if you need the satisfaction of buying (and recycling) paper containing yesterday’s news, you might as well pay for it.

Here’s the memo:

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See Also:

• 10 Reasons You’ll Actually Miss Newspapers
• Hey, Newspapers Aren’t Completely Screwed Anymore!
• Nice Job Avoiding Bankruptcy, NYT! (NYT)

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