CNN is about to fire hundreds of employees. The LA Times got rid of many employees and the entire Editorial Board. The Washington Post lost 250,000 digital subscribers. The NY Times is in trouble. MSNBC is being sold—does not look like there are any bidders.
Now we have the biased Associated Press about to fire 8% of its employees. That is just the start.
“The Associated Press said Monday that it would begin offering buyouts and lay off selected employees, part of a plan to reduce the news outlet’s staff by about 8% and accelerate a transition to a digital-first organization.
The move is part of what is expected to be a dispiriting end-of-year period in the news industry, which is beset by business woes that go back years. The end of a busy presidential-election cycle was also expected to accelerate reorganization plans.
The AP said those eligible for buyouts were to learn of the offer, which would include severance pay and partial health coverage for 18 months, by the end of Monday. Those whose positions are due to be eliminated would learn about their fates over the next few weeks.
The CBS nightly news anchor is leaving and Chris Wallace resigned before he could be fired. Maybe biased reporting is not good for these folks?
WHAT A SHAME: Biased Associated Press Announces Staff Layoffs and Buyouts
by Mike LaChance, Gateway Pundit, 11/18/24 https://www.thegatewaypundit.com/2024/11/what-shame-biased-associated-press-announces-staff-layoffs/
The liberal media death spiral continues.
As ratings for CNN and MSNBC are tanking, the Associated Press is having problems of their own and they have just announced that they’re cutting staff jobs and offering people buyouts.
Legacy media is facing a reckoning. They will change their approach or they will become completely obsolete.
From the AP, via Yahoo News:
The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%
The Associated Press said Monday that it would begin offering buyouts and lay off selected employees, part of a plan to reduce the news outlet’s staff by about 8% and accelerate a transition to a digital-first organization.
The move is part of what is expected to be a dispiriting end-of-year period in the news industry, which is beset by business woes that go back years. The end of a busy presidential-election cycle was also expected to accelerate reorganization plans.
The AP said those eligible for buyouts were to learn of the offer, which would include severance pay and partial health coverage for 18 months, by the end of Monday. Those whose positions are due to be eliminated would learn about their fates over the next few weeks.
Once considered the world’s largest newsgathering organization, the AP no longer makes that claim and does not reveal the size of its staff. As a result, it was impossible to say on Monday how many people would be affected. The AP said less than half of the anticipated cuts would involve its news employees, with the bulk happening within the United States.
They are not getting much sympathy.
People are sick and tired of the media acting like nothing more than an arm of the Democrat party. They will change or their industry will continue to die.
