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Economy

7,800 people have lost their jobs so far this year in a media landslide

2019-12-12

[BUSINESSINSIDER] In the past month, layoffs and cuts have hit Verizon Media, Gannett, the CBC, and Highsnobiety, bringing the total number of media layoffs, cuts, and buyouts in 2019 above 7,800, according to Business Insider's tally.

The latest cuts followed layoff and buyout announcements at BuzzFeed, Vice Media, and Disney.

For comparison, it's estimated that some 5,000 media jobs were cut from the market from 2014 to 2017.

Posted by:Fred

#9 The MSM needs to be cleaned out. Part of the Swamp.

Posted by: JohnQC 2019-12-12 13:07

#8 More than 3,300 truckers are abandoned including some still transporting loads after one of the biggest carriers in the country announces bankruptcy days after execs are charged with fraud

Posted by: Skidmark 2019-12-12 10:30

#7 Morgan Stanley Prepares for 2020 With Job Cuts

Posted by: Skidmark 2019-12-12 09:51

#6 A good start.

Posted by: DarthVader 2019-12-12 08:43

#5 I suspect as with liberal Collages a decline is occurring and on going. 20% of liberal collages have closed so far this year and nearly 50% are estimated to close in 10 years. In contrast conservative oriented Colleges are expanding as I would suspect conservative media outlets as well.

Posted by: Dale 2019-12-12 08:34

#4 "Yes, I'd like fries with that!"

Posted by: Raj 2019-12-12 07:37

#3 It's a small start.

Posted by: Procopius2k 2019-12-12 06:47

#2 When the quality of product declines such that people won't even wipe their ass with it for fear of STD, you can bet there will be layoffs.

Posted by: Dron66046 2019-12-12 02:34

#1 Learn to code.

Posted by: Nero 2019-12-12 01:15

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