Posted on 05/21/2020 9:09:51 AM PDT by wac3rd
"In a memo to staff, chairman David Bradley wrote that even though they have had “exceptional growth” in print and digital subscriptions since September, when they introduced a paywall, there has been an “overnight and and near-complete undoing of in-person events and, for now, a bracing decline in advertising.” The cuts represent 17% of staff.
Bradley also announced play cuts for executives and a general pay freeze for the rest of the year. He wrote, “I was to tell our departing colleagues how deeply sorry I am. If we saw any prospect that your jobs souls return in a reset Atlantic, we would have found another way forward.”
(snip)
"The Atlantic is only the latest publication to announce layoffs amid the coronavirus crisis, which in some cases only made problems with softening revenue streams worse. Vox Media, BuzzFeed and The Hollywood Reporter also have made staff cuts."
(Excerpt) Read more at deadline.com ...
Far left rag. Used to have interesting articles, like 40 years ago.
I expect CNN to do the same after the election.
Good. When the Atlantic’s laid-off journalists want to preach to the rest of us about how bad it is to end the shutdown, at least they won’t be raging hypocrites.
Great news.
They can learn to code.
Welcome to Dumpsville
Population: You
More good news.
Surprised the Atlantic still has employees instead of Bots creating fake news and TDS!
Atlantic published article suggesting Georgia’s Governor was experimenting in human sacrifice by opening the State. I guess the laid off employees should thank the Atlantic for sending them home where they can be safe.
Exceptional Growth? So 12 people are reading The Atlantic instead of 10?
Ha ha.
“I expect CNN to do the same after the election.”
The Chicoms/PRC keep CNN funded.
If and when the Chicoms pull the plug on CNN, it will disappear.
Please check my tagline for about 3 months.
They have been big promoters of Russia Gate, the Mueller Probe and will undoubtably fail to report on Obamagate.
So, I wish they could fail entirely, but like I said, this is a good start.
Oh.
Darn.
I’m enjoying this. There will be more failures after the crisis is over. People who subscribed to the local rag to keep up on events are going to cancel in a few weeks, because they are fed up with the single-minded-purpose of getting Trump.
The Atlantic is filled with old fish, sewage and crabs.
It’s also the name of an ocean.
It’s hard to believe they had that many employees anyway.
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