Tech layoffs may be crowding the headlines, but the news business itself is likewise getting downsized.
The media sector keeps taking it on the chin, with fresh rounds of layoffs landing in early 2024. In January alone, hundreds of jobs were cut at numerous outlets, as the media sector at large continues to contract across the spectrum. Here is a roundup of some recently announced layoffs in the media space:
Data supplied to Fast Company from Challenger, Gray & Christmas, a global outplacement firm that tracks layoffs and other data points, shows that the media sector (including news, film, television and streaming) shed 836 jobs in January.
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