‘On March 27, CNN published an article titled “Hundreds of journalists are being laid off, right when the public needs them the most” which bemoaned nationwide journalist layoffs. The piece reports that Buzzfeed has sent out a staff memo which says “the impact of the coronavirus on the global economy will almost certainly cause the company to lose money, even as we take aggressive action to control costs.”
Buzzfeed is now reducing salaries and cutting expenses across the board. Men’s Journal has laid off its editorial staff, and Gizmodo Media Group, which owns the left-wing outlets Deadspin, Jezebel, The Root, Kotaku and Jalopnik, that described the company’s situation as “nothing short of terrifying”:
“This will not be an easy nor fun period for our company let alone just about any other company with our dynamics. I am sure you have all been following the news around the overall economic picture and how disturbing it is, as well as the stock market dive that has been nothing short of terrifying. This will hurt.”
A California law has also forced corporate media outlet Vox to cut ties with hundreds of freelance contributors who live in California. CNN reports that over 300 local journalists have lost their jobs as of last Friday.’
Read more: Hundreds of Journalists Are Being Labelled Non-Essential, Laid Off or Given Reduced Salaries (turkeys so stupid they created Christmas)
