Several media outlets have announced layoffs in January 2024 as economic challenges take a toll on the industry. Business Insider, the Los Angeles Times, TIME and Sports Illustrated are among the publications that have downsized their editorial operations as they restructure and reorient their business models to suit the changing media landscape. This year is about making it happen and focusing our company and efforts towards this future," Business Insider CEO Barbara Peng wrote in a message dated Jan. 25. "We’re committed to building an enduring and sustainable Business Insider for the coming years and beyond." We are committed to ensuring that the traditional ad-supported Sports Illustrated media pillar has best in class stewardship to preserve the complete integrity of the brand’s legacy."

Source: Los Angeles Times January 29, 2024 00:02 UTC