Business Insider CEO Barbara Peng announced in an internal email that the company is laying off 8% of its staff, marking the second round of cuts in less than a year. The layoffs are part of a broader restructuring aimed at positioning the company for growth. The move comes amid industry-wide struggles, with recent layoffs affecting several media organizations, including LA Times, National Geographic, and TIME. The decision to cut staff is seen as a cost-cutting measure and a 'new direction' for the outlet. The layoffs have sparked discussions about the impact on diversity and the quality of content. Employees affected by the layoffs have expressed their feelings and sought new opportunities.
Spoke with @VigilantNews and @gatewaypundit about the LA Times layoffs https://t.co/h1D2Y3KCx3
It looks like @latimes needs to do more layoffs. https://t.co/Vh16gfCMC2
Media companies that have announced layoffs so far this year: Forbes LA Times NBC News Paramount Condé Nast TIME Magazine Business Insider Sports Illustrated
Business Insider is laying off 8 percent of its staff amid a broader restructuring, the latest news organization to cut employees during a particularly turbulent stretch for the media industry. https://t.co/SxGENgJV4j
Business Insider laying off staff. @latimes laying off staff. It finally is starting to feel like maybe the bad guys are losing. “The latest round of layoffs come after 2023 marked the worst year for job cuts in the journalism sector since Covid-19 upended the world in 2020,…
Layoffs happening at Forbes and Business Insider today… #media #publishers https://t.co/pm1tsljzKq
What an absolute loss for BI. The number of incredibly talented people being laid off in journalism this week alone is very depressing. https://t.co/8hXdTD8oGq
Business Insider cuts add to new round of news media industry lay-offs https://t.co/tt3sZnAC28 via @ft
⚠️ JUST IN: *AXEL SPRINGER'S BUSINESS INSIDER LAYS OFF ABOUT 8% OF ITS STAFF https://t.co/uSs0Wnh6fE
Business Insider cuts 8% of staff as part of a "new direction" for outlet https://t.co/TEWKQur9dv https://t.co/TEWKQur9dv
After 5-and-a-half years at Business Insider, I was laid off today. I had such an incredible time working on BI’s news team and helping form its Speed desk. I loved working at BI, and I’m sad to be leaving. If you know of any editing opps, please send them my way!
personal news: i was laid off today from business insider ): i'm fine but will miss working with amazing colleagues and am looking forward to seeing what's next (if you have an idea of what i should do next — dm me or send me an email!)
Business Insider to lay off around 8% of its workforce https://t.co/W3AlHPU3Tk https://t.co/67IEz5fbTN
Pour one out for the laid-off @latimes journos https://t.co/ETWZhgl4qH
Axel Springer’s Business Insider to cut 8% of workforce https://t.co/UEVy1kQGSg
Trying to figure out why the LA Times is going through mass layoffs... 🤔 https://t.co/mNxxKgIn3w
Business Insider plans to lay off around 8 percent of its employees as a cost-cutting measure, according to a memo sent by the outlet’s leadership to staffers. / https://t.co/cqUQdm5v3p https://t.co/kgnbxAlxoM
Business Insider is laying off 8% of its staff amid a broader restructuring, the latest news organization to cut employees during a particularly turbulent stretch for the media industry https://t.co/B7z0rHQ4tN
BREAKING: LAYOFF CHAOS * BUZZFEED, VICE MEDIA LOOK TO SELL OFF PARTS: WSJ * BUSINESS INSIDER LAYING OFF 8% OF STAFF * LA TIMES ANNOUNCED MASS LAYOFFS YESTERDAY (5 MORE LAYOFFS TODAY)
All these layoffs in media and the question is what's the impact? Sure, the layoffs affect the staff, but is the general public really losing anything by not getting Business Insider content? https://t.co/wFEGEYdRWe
🚨BREAKING: 'BUSINESS INSIDER' LAYOFFS Business Insider's CEO announced the company will lay off around 8% of its staff as part of a new organizational direction. "New direction" = Ai? This move comes after similar layoffs across the media industry, including a 20% staff… https://t.co/OBWbB5YwOE
Well I’ve gone viral apparently among people who think the LATimes is staffed by journalists who advocate for white genocide and are propagandists. They all believe that the layoffs were good. https://t.co/n7BbYhNd6h
Business Insider lays off 8% of staff as it refocuses coverage https://t.co/QyeGKVNvyI
Business Insider will lay off about 8 percent of its remaining staff, its CEO told staffers on Thursday, marking the company’s second round of cuts in less than a year. https://t.co/MKnYaXNDV5
NEW - Business Insider will lay off about 8% of its remaining staff, its CEO told staffers on Thursday.
Mocking mass layoffs at the LA Times is ghoulish, yes— but is abso-fuckn-lutely necessary. https://t.co/Pb0Uym6e02
Business Insider Lays Off About 8% of Its Staff
Business Insider is the latest publication see mass layoffs. As far as I'm concerned, 8% is nowhere near enough to purge the cancer. https://t.co/nUgAs0fBKd
Business Insider is laying off 8% of its staff @BillAckman https://t.co/Kd6B7VxHDE
🔸 Business Insider Lays off Staff Business Insider is cutting 8% of its staff, the latest news organization to cut staff in recent weeks amid industry-wide struggles. https://t.co/slOBOCr9YG
Business Insider is set to layoff almost 10% of its workforce, per Bloomberg.
BUSINESS INSIDER IS LAYING OFF 8% OF ITS STAFF - SEMAFOR
Business Insider is set to layoff 10% of its workforce, per Bloomberg.
🔸 BUSINESS INSIDER IS LAYING OFF 8% OF ITS STAFF: SEMAFOR
JUST IN : BUSINESS INSIDER TO LAYOFF ALMOST 10% OF ALL ITS EMPLOYEES
it's been less than a year since BI's last round of layoffs. this is so bleak and disheartening, after a very bleak and disheartening week in media, and I am heartbroken to see my colleagues be laid off today https://t.co/wcMSChwwGE
We should all applaud LA Times for having diverse and inclusive layoffs https://t.co/TwQYuWmvwg
Journalism layoffs since last week: Sports Illustrated, Pitchfork, LA Times, National Geographic, TIME, now Business Insider https://t.co/hzr4IZsVaR
The LA Times is woke trash of a newspaper 📰 🔥🔥 https://t.co/0NcQ9rKcvT
LA Times 'journalists of color' complain about impact to 'diversity' amid mass layoffs “‘Notice that they only defend their work on the basis of race, not on quality, merit, or the bottom line..” https://t.co/YFjUL2R3Is @latimes @jeanguerre
In the latest wave of layoffs to hit the digital media biz, Business Insidersaid it will cut 8% of its staff in a restructuring aimed at positioning the company for growth. https://t.co/acSXMQZJVA
Business Insider Laying Off 8% of Staff https://t.co/acSXMR0hL8
JUST IN: Business Insider Lays off Staff as layoffs continue to roll through the news business. https://t.co/87329FX7Ty
Business Insider will lay off 8% of its staff today. https://t.co/G7JXyRJTcc
Another bad day in the news business: I'm told ˜8% layoffs at Business Insider coming today.
Oh, and @BusinessInsider laying off 8% of staff https://t.co/aPRxu6xv2O https://t.co/q8EuxU5yWH
In an internal email this morning, Business Insider CEO Barbara Peng announced that the company is laying off 8% of its staff https://t.co/VY6HIt7ktc
Los Angeles Times to lay off 20% of newsroom, one of the largest staff reductions in paper’s history (AP) The Los Angeles Times said it planned to lay off at least 115 employees — more than 20% of the newsroom — starting Tuesday, one of the largest staff cuts in the newspaper’s… https://t.co/0vvhAyhqLv
Leading US newspaper announces major layoffs The Los Angeles Times will fire at least 115 journalists amid heavy financial losses https://t.co/wSAQLfFPJq https://t.co/22WzqKJjfy
With all the layoffs, we’re gonna miss this type of top-notch journalism from the @latimes https://t.co/qTTEtXvCbe