Layoffs and Hiring Freezes: Media Industry Ends 2022 With Bad News for Journalists

  • 📰 VanityFair
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 55%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 391. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

How the crypto hiring landscape is responding to industry layoffsIn this episode of The Scoop, Rob Paone — founder and CEO of crypto recruiting firm Proof of Talent — shares his perspective on how the crypto hiring landscape has changed during the bear market.
Källa: TheBlock__ - 🏆 464. / 53 Läs mer »