BuzzFeed, Verizon, and Gannett slashed at least 1,000 media jobs this week

BuzzFeed News.
(Image credit: Drew Angerer/Getty Images)

Media organizations are in crisis mode.

Newspaper giant Gannett cut an unknown number of positions from its publications under the USA Today network Wednesday. BuzzFeed slashed 15 percent of its workforce, or 200 employees, it revealed Wednesday night. And Verizon Media capped the purge by laying off seven percent of its employees, amounting to about 750 jobs cut. Altogether, that totals more than 1,000 media jobs lost in a single day.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
Kathryn Krawczyk

Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.