News outlets slash nearly 2,700 jobs this year — the highest number since 2020 — contributing to alarming news deserts - News Summed Up

News outlets slash nearly 2,700 jobs this year — the highest number since 2020 — contributing to alarming news deserts


In recent weeks, Condé Nast, The Washington Post, Yahoo News, Vox Media, and others have made painful cuts to their workforces. Taken together, media companies have shed thousands of staffers in recent weeks amid what should be the most wonderful time of the year. According to the outplacement firm Challenger, Gray & Christmas, news outlets have cut nearly 2,700 jobs this year, the highest number of job cuts in the industry since 2020, the tumultuous year upended by the global Covid-19 pandemic. The cuts also come at a poor time, given the state of the information environment and threats to U.S. democracy. That lack of accountability means dishonest figures seeking higher office will face less scrutiny and leave the electorate less informed.


Source: CNN December 14, 2023 18:59 UTC



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