New York Daily News Layoffs Ax Half The Newsroom Staff
Source: Huffington Post
We are fundamentally restructuring the Daily News, an email from Tronc to the staff reads. We are reducing today the size of the editorial team by approximately 50 percent and re-focusing much of our talent on breaking news especially in areas of crime, civil justice and public responsibility.
The notice said human resources would notify those affected by days end. As reporters and editors waited, some were seen going around the newsroom, thanking each other for their work. Just trying to make the best of it, a staffer said.
...snip...
Editor in chief Jim Rich and managing editor Kristen Lee were among those leaving. Robert York, who in 2016 was named editor in chief of the Morning Call, Troncs newspaper in Allentown, Pennsylvania, will step in to head the Daily News on July 30.
Read more: https://www.huffingtonpost.com/entry/new-york-daily-news-layoffs_us_5b5105bee4b0fd5c73c3a233?ncid=engmodushpmg00000004
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dalton99a
(81,568 posts)BumRushDaShow
(129,376 posts)although I am surprised they were able to go this long. So many newspapers went through big purges over a decade ago.
herding cats
(19,566 posts)lagomorph777
(30,613 posts)I wish we would hear the same about Fux or the WSJ.
edbermac
(15,943 posts)Probably worried the axe will fall on them as well. Corporate greed wins again.
https://nypost.com/2018/07/23/layoffs-at-the-daily-news-are-a-grim-day-for-new-york-city/
melm00se
(4,994 posts)it is quite understandable.
They have more money flowing out than flowing in and have lost money 2 consecutive quarters and have been trending that way for the last 4Q's.
The current newspaper model isn't (and hasn't been) sustainable. The situation is exacerbated by the fact that news outlets essentially give away their content for free.
Until the newspaper industry figures out how to return to profitability, this situation will continue to be repeated in just about every newsroom around the country.