Conde Nast: There will be layoffs, but not on any one timetable

Conde Nast is that oddball media shop in which each publication is autonomous.  Therefore, the response to the McKinsey and Company study may vary from publisher to publisher.  Some may begin laying off in October.  Others may wait months. 

In THE NEW YORK OBSERVER, John Koblin reports that the lion's share of workers at Conde Nast feel this ordeal of the ax hanging over them has gone on long enough. They now want to get the lay offs over with.

When that happens Manhattan will be even more bloated with jobless writers, editors, and graphics folks.