Large digital and legacy publishers alike – including BDG, Disney, Gannett, Vox Media and The Washington Post – have shed staff via multiple rounds of layoffs that began as far back as late 2022. By October 2023, the media industry had announced over 19,000 job cuts year-to-date, compared to 3,000 in the same period in 2022.
In the first two weeks of November alone: G/O Media shuttered Jezebel and made some cuts at Gizmodo and The Onion, Vice Media said it would shutter a number of Vice News shows, CNBC cut around 20 people at CNBC.com, and Condé Nast said it planned to cut about 270 jobs, or 5% of its workforce.
Read this article for free
Register for free access to limited content and email newsletters.
Already registered? log in.
We promise not to spam you or sell your information. View our privacy policy.