It’s a painful holiday season for news organizations.
In recent weeks, Condé Nast, The Washington Post, Yahoo News, Vox Media and others have made painful cuts to their workforces. Meanwhile, the storied science and technology magazine Popular Science, ceased its print edition. And publications such as BusinessWeek and The Nation reduced production, becoming monthly magazines.
Taken together, media companies have shed thousands of staffers in recent weeks amid what should be the most wonderful time of the year. According to the outplacement firm Challenger, Gray & Christmas, news outlets have cut nearly 2,700 jobs this year, the highest number of job cuts in the industry since 2020, the tumultuous year upended by the global COVID-19 pandemic.
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