Several major media companies, including Forbes, Business Insider, LA Times, NBC News, Paramount, Condé Nast, TIME Magazine, Sports Illustrated, and the Wall Street Journal, have announced layoffs and restructuring in 2024. This trend has raised concerns about the stability of the journalism sector, with 2023 being the worst year for job cuts since the onset of the Covid-19 pandemic. The layoffs have significantly impacted once-prominent publications, indicating a challenging start for the media industry in 2024.
Six days ago, I reported that the Wall Street Journal was "about to make significant layoffs in its D.C. bureau." https://t.co/QjAVWet5Am Axios' @sarafischer has more details here: https://t.co/RB783p39ke
Six days ago, I reported that theWall Street Journal was "about to make significant layoffs in its D.C. bureau." https://t.co/QjAVWet5Am Axios' @sarafischer has more details here: https://t.co/RB783p39ke
WALL STREET JOURNAL PLANS LAYOFFS, RESTRUCTURING IN DC
Has the @WSJ ever announced layoffs at all time highs? https://t.co/kNernF5pNO
Scoop: Wall Street Journal plans layoffs, restructuring in D.C. Story on @axios https://t.co/sfWa9IjD6j
Scoop: Wall Street Journal plans layoffs, restructuring in D.C. https://t.co/dJIBCUBQrB
❖ WALL STREET JOURNAL PLANS LAYOFFS, RESTRUCTURING IN DC: WSJ
Layoffs swept much of the media industry this week in an ominous start for 2024, further thinning the ranks at once-mighty publications such as the Los Angeles Times, Time and Sports Illustrated https://t.co/rFlQhRow8b
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 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