Tuesday, July 21, 2020

Outplacement firm: Newsrooms cuts top 11,000 this year



According to outplacement and business coaching firm Challenger, Gray & Christmas, newsrooms have announced 11,027 job cuts this year, up 169.8% from the 4,087 cuts announced in the first half of 2019.
Through June, newsroom cuts are their highest point since Challenger began tracking them in 2003.
“Newsrooms have had a rough few years, as revenues declined and consolidation in the industry decimated news teams. Coupled with a hostile environment for many journalists, news has become an increasingly difficult career path,” said Andrew Challenger, senior vice president.
News and Tech

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