The anticipated “bad winter” for media companies and their workers arrived early, in the form of layoffs and hiring freezes.
would “end the print Sunday Magazine in its current form,” noting that “we will be shifting some of the most popular content, and adding more, in a revitalized Style section that will launch in the coming months.” The magazine’s 10 staff members learned their positions were eliminated in a meeting, according to, who reported that “Buzbee did not offer laid-off staff other roles inside the paper.
Other outlets appear to be staving off forced layoffs with other cost cutting measures. In November, Insiderthat the The Associated Press is offering early retirement to some 200 older staffers, an opportunity to take their pensions in one lump sum that an AP representative framed as “an opportunity for some employees to receive a new form of their benefit and for the AP to reinvest any savings into people, technology and infrastructure.
The flood of bad media news comes on the heels of other plans for deep cuts. “Digital upstarts are particularly vulnerable to ad slowdowns, because contracts for digital ads are typically much easier to pull at the last minute than contracts for television ads,” Axios’s
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