The journalism industry in the United States is facing a crisis as traditional funding sources diminish, leading to mass layoffs, including 20 reporters from The Wall Street Journal (WSJ). The situation is characterized as a market breakdown that requires new thinking. Notable journalists on the politics and money beat, such as Brody Mullins, @bykowicz, and @JeanneCummings, were among those laid off. WSJ editor Emma Tucker explained that the layoffs were not for cost-cutting but to ensure the right structures, as reported by @katie_robertson. The layoffs have affected key beats, including the U.S.-China coverage in the DC bureau, which was highly regarded by peers. The industry's challenges are highlighted by the Forbes journalism likely behind this development, comments from @PerryBaconJr, and coverage from @nytimes. The Craig Newmark Graduate School of Journalism at CUNY, supported by @craignewmark and @gmochkofsky, received a grant to work towards free tuition. Journalists like Kate O'Keefe, David Barboza, Peter Wonacott, and Charles Hutzler, who have been laid off, are seeking opportunities to continue their work.
Sad to see so many talented journalists let go this week. These are some of the bylines I've long admired, including Peter Wonacott, Charles Hutzler and Kate O'Keefe. https://t.co/WxY5LaqWZx
Soon, you will not only have Islamic sleeper cells in the US, but Chinese ones as well. My friend @Michael_Yon has done incredible work documenting what is going on, and it is good to see @thecoastguy picking up the issue as well. https://t.co/N5ntOOEMT6
one of the best US-China reporters out there, especially on security. mad WSJ decision - everyone else saw the WSJ's China/DC beat as their competition. https://t.co/yC52KJ91mK
I'm deeply saddened to be among the many talented people The Wall Street Journal just laid off. I'll be forever grateful that WSJ let me create a U.S.-China beat in the DC bureau years ago. I'd appreciate any recs to continue working in the U.S.-China space, in media or not.
The WSJ just shut down its coverage of China in the U.S. The announcement contains a non-sensical quote from the Editor: Editor in Chief Emma Tucker said the Journal’s Washington bureau will now focus specifically on “politics, policy, defense, law, intelligence and national https://t.co/opNf732jJw
Emma Tucker says the WSJ staff in the DC bureau needs "the right skills" and that she is taking steps to ensure that the bureau does "world-class coverage." Anyone who knows US journalism knows the WSJ team in DC has been the main competition on many levels. https://t.co/d81ilIeDQ8
A recent China-linked router hacking campaign demonstrates that even SMBs have become a major target for nation-state threat actors, according to critical infrastructure security veteran Michael Welch, a former CISO. https://t.co/sIKOu8fGOE
The Craig Newmark Graduate School of Journalism at CUNY got a big grant that will allow the school to work toward free tuition at a time when the profession is undergoing big changes. Hear @craignewmark & @gmochkofsky on making journalism school cheaper: https://t.co/IVHHieonCG
Standing in solidarity with everyone in the journalism industry fighting back against unfair treatment and billionaire greed, including the 20 WSJ reporters laid off yesterday. https://t.co/ZBcp12V3Dq
On the mainstream media extinction event ongoing, one thing is way under-explored: no real talent wants to run these large media cos anymore, who wants to deal with the bullshit of owners and restive, nervy employee base while the business outcome is almost always not great.
After more turmoil in the newspaper industry, I talked to some of my colleagues about why they remain in a profession they love - a profession that doesn't always love them back. Column: "Newspapers are in rough shape. Let us tell you why we stay" https://t.co/BIAp1vghGd https://t.co/mTPDVk23G5
📺 On @TheLeadCNN: "As I understand it, there are two main prongs to the current campaign by the Chinese security services. One is to target directly U.S. military assets," SentinelOne's @C_C_Krebs, President, PinnacleOne, tells @jaketapper. "But there's a second more insidious… https://t.co/a9t2oqQUJD
NEW: In a townhall today, WSJ editor Emma Tucker was asked repeatedly about the layoffs in the DC bureau. She said: "This isn’t about cost-cutting, this is about making sure we’ve got the right structures in place." More of her comments below, from audio I obtained: https://t.co/WdnE4q5EYs
Many of the names on this list are among the best journalists and people I have had the chance to work with. This is beyond devastating. And why? When WSJ is financially thriving? https://t.co/cUytcfXWNk
"An editor who was laid off tells Playbook: 'If some of the best people in the business can’t keep a job at Emma Tucker’s Wall Street Journal, I don’t know if I would have wanted to stay there anyway.'" https://t.co/GsA0qBAqZB
China’s cyberespionage programs to infiltrate the U.S. are not new, but too little public attention has been given to their efforts, said Mr. Wray, who regularly cites China as the FBI’s No. 1 security concern. https://t.co/vN4Rbup9J8
Don’t miss the Forbes journalism likely behind this development. It’s important work, as we witness many newsrooms being reduced due to financial challenges. https://t.co/VwiIjDeJqm
If you care about good government, you should care about the role of money & influence in politics. 3 of the best journalists on that beat — Brody Mullins, @bykowicz & @JeanneCummings — were among the layoffs at the @WSJ yesterday. This is bad for media, but also for democracy. https://t.co/jE0pbWc9eD
US agencies have the most widespread intelligence collection in the world. And China’s MSS spy agency is improving its capabilities to challenge that. Here’s our @nytimes story giving you a deep look at that rivalry, with exclusive spy-vs-spy details: https://t.co/kJNzAcmGM2 https://t.co/YDMX1BQQMN
"America’s journalism industry is also in crisis: Its traditional funding sources are drying up, leading to mass layoffs," @PerryBaconJr writes. "Right now, these crises aren’t that connected. But they should be." https://t.co/7G7xyDrdmg
It’s time to start calling the latest round of media layoffs what it really is: a complete market breakdown that can’t be solved using the old ways of thinking. https://t.co/fs2nhYOO2d