Trouble is mounting for the journalism industry as economic uncertainty has prompted a layoff bloodbath across multiple major media outlets.
Within the past week, CNN and Gannett laid off hundreds of employees across their news operations, while BuzzFeed slashed 12% of its workforce and the Washington Post let go of 10 staffers from its print Sunday magazine. The latest cuts followed Morning Brew laying off 14% of its staff and Vice Media trimming 2% of its digital news and publishing staff last month. In addition, the tech news website Protocol shut down, eliminating 60 jobs, while video news startup The Recount also plans to suspend operations.