2023 has been “bloodbath” for media, states Poynter
Though layoffs in journalism are nothing new, the end of 2022 suggested that the media industry was headed for tough times, reports Poynter,
As the holiday season approached, CNN laid off hundreds of employees. Gannett, the country’s largest newspaper chain, cut its news division by 6%. The Washington Post, NBCUniversal and ABC News all announced layoffs for early 2023.
What followed has been a bloodbath, states Poynter. Though data from December is not yet available, the news industry has already seen more job cuts this year — 2,681 — than all of 2022 or 2021, according to employment firm Challenger, Gray and Christmas. The firm has tracked a total 20,324 job cuts in media through November, the highest year-to-date total since 2020, which saw 30,211 cuts in the same time period.
According to Poynter: “Seemingly no medium or business model within the news industry has gone untouched by the cuts, and the list of news organizations that have held layoffs includes everything from magazines to public radio stations, trade publications to cable networks.”
More here.
