Media Deathwatch

No More Orangina at Condé Nast

The hatchet is preparing to fall at Condé Nast. Three weeks ago McKinsey & Company was called in to help the publishing giant slim down, and although there are eight more weeks to go before McKinsey hands out pink slips, a sea change has come over the formerly perk-heavy company, The New York Observer reports. Gone are the days of manis and pedis for clients, gifts baskets, fresh flowers, and sushi lunches. The Fiji water and Orangina in the company fridges have turned to warm Poland Spring from the closet, and—horror of horrors—will soon be replaced with tap water. Editors will have to justify paying $10 per word for certain writers. For the first time ever, Vanity Fair editor and restauranteur Graydon Carter has been spotted in the company cafeteria, "milling around uncomfortably with the commoners," according to a witness, and eyeing reasonably priced stir fry, a fact which the Observer called "worrisome on a psychological level." Only The New Yorker is exempt—editor David Remnick will be spared meeting with McKinsey, as will anyone from the editorial side of the magazine.