Poynter: BIG job cuts in media

 

The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. Pulitzer prize winning digital media company BuzzFeed was one of many media companies to make cuts in 2023. (AP Photo/Ted Shaffrey, File)

By: Angela Fu, Ren LaForme and Tom Jones

December 8, 2023

The news industry has seen 2,681 job cuts so far this year, according to a report by employment firm Challenger, Gray and Christmas released Thursday. That number includes broadcast, digital and print.

The news sector has lost more jobs this year through November than it did in all of 2022 or 2021. Media, of which news is considered a subset, has experienced 20,342 cuts, the highest year-to-date figure since 2020, Challenger reported.

Dozens of news outlets have executed layoffs this year, including The Washington Post, NPR, BuzzFeed News, Vox and The Texas Tribune. On Thursday alone, KCRW in Santa Monica, California, started offering buyouts, and Condé Nast announced layoffs at Wired, according to unions representing journalists in those newsrooms.

By Angela Fu, media business reporter