Future of digital journalism in question as Buzzfeed and HuffPost lay off 1,000

Job losses follow sales or cuts at Mic, Refinery29 and elsewhere, but publishing as a whole had already shrunk sharplyRevenue-per-click, the business strategy that has informed digital publishers for years, was effectively pronounced DOA this week as leading players in a sector once viewed as the future of journalism announced deep cuts.In a letter to employees headlined “Difficult Changes”, the BuzzFeed founder and chief executive Jonah Peretti said the company would reduce headcount by 15%, or around 250 jobs, to around 1,100 employees globally. Related: BuzzFeed to lay off 200 staff in latest round of cuts Related: As HuffPost and BuzzFeed shed staff, has the digital content bubble burst? Related: Newseum: journalism museum sells Washington home to balance losses Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2019-01-27 00:00:00 UTC ]

Other news stories related to: "Future of digital journalism in question as Buzzfeed and HuffPost lay off 1,000"


Nick Esson dies

Nick Esson has died following an illness. Esson, who worked in academic book publishing for almost 40 years, passed away following a few months’ illness surrounded by his family on 20th February.  Esson worked in senior sales positions, including for Allen & Unwin / Unwin Hyman, before... Continue reading at The Bookseller

[ The Bookseller | 2015-02-27 00:00:00 UTC ]
More news stories like this