Politics
WE ARE WINNING!! Huge Layoffs Across All Media Outlets…
About a decade ago, traditional news organizations faced an emerging threat from a host of digital upstarts, outlets that provided the news immediately, online and for free. Today, a new threat seemingly looms over the entire industry, as one reckoning after another comes for both print and digital shops alike.
This week reaffirmed just how dire things have gotten within the industry, with about 1,000 jobs in media lost as the result of layoffs announced at BuzzFeed, HuffPost and Gannett — the nation's largest newspaper chain.
BuzzFeed announced Wednesday that it would lay off 15% of its workforce, or about 220 employees; Verizon announced it would cut 7% or approximately 800 jobs from its media division, which includes brands like HuffPost, AOL and Yahoo News; and Gannett slashed dozens of jobs at newspapers across the country.
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The severity of the cuts at Gannett came to light through various media reports and as journalists who were laid off tweeted out the news. The Poynter Institute's website, which in part provides news coverage of the journalism industry, noted in a story that “the cuts were not minor” and affected well-known journalists, including a 1993 Pulitzer Prize winning cartoonist.
On Thursday, some HuffPost employees who had been let go also shared their stories on Twitter. Among those affected was Jason Cherkis, a reporter who was a finalist for a Pulitzer in 2016. Bryan Maygers, the head of opinion at HuffPost, said he was told the site's “opinion section is no more.”
2 Comments
Socialism was tried here in the early 1600’s.
It was an epic failure. How many times do we have to starve people to death to show that socialism does not work?
The main stream media runs the Communist Party, nee DOC. The insanity after losing the election when it was assured this country would become a third world hell hole under Broom Hillary has driven the media into a back log of fake news and outragous lies. Not all of the public buys tabloid press as a main course and obviously it is beginning to take a toll on the MSM. The ratings are so bad that the corporate sponsors have to lose money to support them. Ooops.