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Thousands of Journalists Laid Off Across U.S.

https://washingtoninformer.com/thousands-of-journalists-laid-off-across-u-s/

The article covers the recent news on hundreds of journalists being laid off from digital media platforms such as Buzzfeed and Huffington Post. These layoffs are a result of the companies’ looking into the “evolving economics of digital platforms” – to “cut costs and improve [their] operating model” in response to the increasing lack of profitability of online news websites. The digital media industry now faces a similar volatile plight with their print media predecessors, despite funding avenues and investors still available to the former.

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