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The big round of cost cuts and layoffs at Condé Nast isn't just being felt at 4 Times Square. The gloominess has also made its way to Paris Fashion Week. Instead of spending their days observing the action on the runway, some Condé editors have been forced to remain in their hotel rooms to take part in a "dizzying" number of "budget-related conference calls and team meetings," reports The Daily. This could be why Vogue editor Anna Wintour hasn't "been spotted since Dior on Friday." Budget cuts could also explain why poor Anna has been forced to make do with a single snakeskin coat at Fashion Week in London, Milan and Paris. [FWD]