4.3 • 1.1K Ratings
🗓️ 27 January 2019
⏱️ 13 minutes
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0:00.0 | Tonight layoffs announced in major media publications. I'm |
0:07.8 | roaming millennial and you're watching uncensored. Hey guys, welcome back to the show. Today we're going to be talking about the |
0:27.2 | interesting news that was recently announced that a lot of major media |
0:31.5 | organizations are going to be laying off reporters and I guess staff in general now |
0:35.6 | I'm being really careful here to try to not sound I think smug would be the word because on a on a person to person level regardless of whether I agree with your opinions or not |
0:46.1 | I don't want anyone to be out of work or to be in financial hardship that's just I don't want that for anyone |
0:52.1 | but on a more macro level I guess I am not sad about this in the least and here today to discuss this with me I have my producer Liam |
0:59.5 | Hello. So as the Chicago Tribune reportsfeed have posts latest to suffer layoffs in |
1:05.0 | faltering digital news economy. Buzzfeed, the progenitor of both serious news and |
1:09.0 | viralisticals and quizzes will lay off about 15% of its staff in the latest sign of financial |
1:14.0 | turbulence for once high-flying digital media outlets. |
1:16.8 | People at the New York-based publisher said the cuts will affect about 215 employees |
1:20.8 | spread across all departments, including Buzzfeed News, the site that |
1:24.2 | published a disputed report last week about President Donald Trump and his former personal |
1:28.2 | lawyer Michael Cohen. |
1:29.4 | The article continues that Vice has instituted a hiring freeze and is seeking to cut its workforce by about 10 to 15 percent this year |
1:35.6 | primarily through attrition. Verizon Media Group, the owner of Huffpost AOL and Yahoo, |
1:40.0 | announced its own round of layoffs of about 7% on Wednesday. |
1:43.3 | Other digital news outlets such as Refinery 29, Vox Media, and Mike |
1:47.2 | have been pinched too. Vox, the Washington-based publisher of Vox SB Nation and |
1:51.1 | other sites, cut about 50 staffers earlier last year. |
1:54.3 | Refinery 29, which is aimed at millennial women, dropped about 10% of its staff or about 40 people in October. |
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