Nationally, media maestros are dreading a slew of companies and tech firms started sweeping job cuts as the industry face uncertainty.
According to Axios a rough winter with cuts at entertainment giants like Warner Bros. Discovery and Disney, digital media brands like Morning Brew and Vice Media and newspapers like Gannett, more media companies started the year with news of layoffs.
- Adweek, a trade publication covering the ad industry, told staff it was cutting about 10% of its workforce, impacting 14 people.
- Vox Media, which owns The Verge, Thrillist and New York magazine, laid off 7% of its staff. That amounts to about 133 roles.
- Fandom, an entertainment news company, laid off workers across some brands it had acquired last year including Giant Bomb, GameSpot and Metacritic. The company had employed fewer than 500 people and the cuts affected less than 10%, per Variety.
- NBC News and MSNBC laid off about 75 staffers across divisions, per Adweek. These cuts followed a broader structural reorganization.
- The Washington Post has been bracing for layoffs. The Jeff Bezos-owned company is expected to cut a single-digit percentage of its workforce soon, as announced by the paper's publisher and CEO in December.
Dramatic cuts also have extended across the tech industry. Several companies have attributed the layoffs, in part, to over-hiring during the pandemic.
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