The villagers, with their pitchforks and torches, have been crying "death to of the magazine!" for some time now, and as someone who works at one, I'm shaking in my pantaloons. On the high heels of CosmoGirl's shuttering and Radar's vanishing off the radar comes word that Condé Nast, the Mongolian Empire of the magazine world, is cutting five percent of all budgets. Not only that, but it looks like Men's Vogue's future in particular is hanging in the balance. And everyone from Portfolio just got called into a meeting. Ominous times.

These are dire times -- a whole class of Whole Foods shoppers will now have to hang their heads in shame as they frequent their less trendy and not-so-socially responsible local grocers, passing up tempeh burgers for grade-D chuck. But whether you call it recession chic or just unfortunate, media outlets across the island of New York have been scorching their good earth with notable layoffs and in few cases, some major shutdowns -- R.I.P CosmoGirl.