Saturday, December 7, 2019

7,700 people have lost their jobs so far this year in a media landslide

  • In the past month, layoffs have hit Gannett, the CBC, and Highsnobiety, bringing the total number of media layoffs in 2019 above 7,700, according to Business Insider's tally.
  • The latest cuts followed layoff announcements at BuzzFeed, Verizon, Vice Media, McClatchy, and Disney.
  • For comparison, it's estimated that some 5,000 media jobs were cut from the market from 2014 to 2017.
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