solevilla.blogg.se

• VOX MEDIA INC HOW TO

And companies that haven’t laid off staffers have taken strong measures to reduce spending.Įntertainment giants, such as Warner Bros. The Washington Post is also expected to announce a staff reduction soon. CNN, NBC News, MSNBC, Gannett and others have cut their workforces. Alphabet said it had made the decision to eliminate 6% of its workforce, which translates to approximately 12,000 jobs.Īcross the news industry, layoffs have been rampant. Google’s parent company Alphabet on Friday joined Big Tech giants Meta, Amazon, and Microsoft in announcing layoffs. The media and technology sectors have been battered in recent months as advertisers tighten spending amid broader economic uncertainty.

VOX MEDIA INC HOW TO

“We’re furious at the way the company has approached these layoffs, and are currently discussing how to best serve those who just lost their jobs,” the union said in a tweet. The union representing Vox Media employees said it was “furious” over the announcement. “We are experiencing and expect more of the same economic and financial pressures that others in the media and tech industries have encountered,” Bankoff said in his memo. Those who had their jobs eliminated were notified through email, followed by a later meeting with a human resources officer who would discuss severance packages with them.īankoff told staffers the cuts were “due to the challenging economic environment impacting our business and industry.” Vox Media, the publisher of news websites such as Vox and The Verge, in addition to New York magazine, will lay off 7% of its workforce, chief executive Jim Bankoff said in a Friday morning memo to staff.īankoff said the layoffs, which will result in about 130 people losing their roles, impacted multiple teams, including editorial.