The Daily Beast has announced significant buyouts, resulting in 70% of its unionized staff, including nearly all senior journalists, opting to leave. This move affects 25 unionized staffers and comes as non-union editors brace for potential firings at the end of the month.
Sources: 25 unionized staffers at The Daily Beast took buyouts, equivalent to ~70% of the guild, including almost all of the outlet's senior staffers (@nataliekorach / The Wrap) https://t.co/z62BWs47lF https://t.co/DFbeuue6Fv
I'm sure many of you have already heard about The Daily Beast buyouts -- here are the facts! https://t.co/uU0ZKkN0MP
A message from The Daily Beast Union, regarding recent reports of voluntary member buyouts. https://t.co/uFAzrgPxYO
Exclusive: 70% of Unionized Daily Beast Staffers Take Buyouts as Layoffs Loom https://t.co/4f0ZTFBk7B
Daily Beast announced buyouts, dumping 70% of union staff. SPLC, Vice, Media Matters ... all firing staff. Nature is healing ... feel good stories this week. https://t.co/JiPX1ioKG8
SIO, the SPLC, and The Daily Beast all falling to ash in the last 48 hours. Massive wins. https://t.co/kfen1Uc5qL
Media news: The Daily Beast buyout results are in, and they're just about gutting the site. 25 (or 70%) of unionized staffers took the buyouts, including nearly all of the most senior journalists. Meanwhile, non-union editors expect to face a round of firings at end of the month.