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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