Over 1,000 people lost jobs in media this week, with more to come. Huffington Post (HuffPo), Gannet, BuzzFeed, are all laying off hundreds of journalist, writers, and producers. Vice has a hiring freeze The digital media industry is contracting, fast. Why is the media laying off so many people. Likely, Funding is drying up and profits are being demanded.
•Man/Journalist working in NYC Media Industry. Day 25
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