"I think we're coming down in our perk-distribution and looking more like others. I'm not saying that our editors can't fly first class; I'm saying you choose how to spend your money. If the most efficient way to do business is to take a Town Car, then for Christ sake, I'm not going to insist people take subways and destroy their approach to business. I'm just asking people to be sensible."
-Conde Nast CEO Chuck Townshend explains the new normal in the wake of the recent bloodbath.