Media
2023 Media Layoffs: Los Angeles Times Reportedly Cutting 74 Employees
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Topline
The Los Angeles Times announced layoffs Wednesday, joining Spotify and the lifestyle media company Bustle Digital Group with cuts this week, the latest in a brutal series of closures and layoffs rocking the media industry in 2023.
Timeline
announced it would be cutting 74 positions in its newsroom, including editors on its news and copy desks in addition to both full-time and temporary workers, because of the “economic climate and the unique challenges of our industry.”
The Los Angeles Timesaccording to Adweek.
Bustle Digital Group laid off 21 employees, an estimated 5% of its workforce, after the company—which owns lifestyle brands Nylon, Bustle and Inverse, among others—struggled with advertising,announced the company would cut 200 employees—2% of its workforce—as it moves forward with a plan to combine podcast units Gimlet Media and Parcast, following about 600 reported layoffs earlier this year.
Spotify Vice President Sahar Elhabashi$787.5 million settlement with Dominion Voting Systems, network employees told Rolling Stone (though a network source denied a connection between the layoffs and the settlement) and the New York Daily News reported three staffers were laid off, while four others were moved to other positions.
Fox News dissolved its investigative unit amid an effort to cut costs following the network’saccording to a company memo obtained by Variety.
MTV News was shut down as Paramount Media Networks—a division of Paramount Global—announced it would cut 25% of its staff because of “pressure from broader headwinds like many of our peers,”Wall Street Journal, following years of financial challenges for the once-ascendant media company.
Vice Media will lay off more than 100 of its roughly 1,500 employees and shut down its Vice World News brand, sources familiar with the matter told theaccording to the Sports Business Journal, including communications vice president Mike Soltys and Russell Wolff, who oversaw the ESPN+ streaming platform.
ESPN president Jimmy Pitaro announced in a memo the sports news network would begin cutting an unspecified number of employees, though the layoffs will primarily affect management positions,memo obtained by the New York Times, as the company shifts toward “concentrating our news efforts” on HuffPost, an outlet the company notes is “profitable.”
Buzzfeed CEO Jonah Peretti told Buzzfeed News staff the online publication would be shut down, according to aInsider Inc.—formerly known as Business Insider—announced it would begin cutting an estimated 10% of its staff in an effort to “keep our company healthy and competitive,” an Insider spokesperson told Forbes.
announced it was laying 50 people at ABC News, following an earlier announcement by CEO Bob Iger indicating the company would continue an ongoing round of layoffs.
Disney’s broadcast news divisionaccording to RadioInsight.
Salem Media Group, a Texas-based Christian radio broadcaster, announced it would lay off about 3% of its 1,436 employees,canceled four podcasts—Invisibilia, Louder Than a Riot, Rough Translation and Everyone and Their Mom—and bean laying off 100 employees as part of a push to reduce a reported budget deficit of $30 million.
NPRtells Boston public radio.
NPR affiliate New England Public Media announced it will lay off 17 employees—20% of its staff—by March 31 after facing “serious financial headwinds during the last three years,” New England Public Media managementlaid off 34 people and closed a printing press in Portsmouth, New Hampshire, as part of Gannet’s efforts to reduce the number of operating presses and prioritize digital platforms.
Sea Coast Media and Gannett, a media conglomerate with hundreds of papers and Sea Coast Media’s parent company,told NPR.
Three Alabama newspapers—The Birmingham News, The Huntsville Times and the Press-Register—laid off 100 people following a prolonged decrease in print paper circulation, Alabama Media Group President Tom Batesreportedly became too expensive to produce amid a declining audience—a reported 12, including host Melissa Harris-Perry, will lose their jobs.
New York public radio station WNYC canceled radio show The Takeaway after 15 years on air after the showreportedly told investors following compounding declines in profit.
News Corp, which owns the Wall Street Journal and HarperCollins publishers, among others, expects to lay off 1,250 people across all businesses by the end of 2023, Chief Executive Robert Thomsonstops publishing its video game and kids sections, laying off 20 people a little over a month after publisher Fred Ryan foreshadowed layoffs in 2023—executive editor Sally Buzbee reportedly told employees the layoffs were geared toward staying competitive and no more are scheduled.
The Washington Postreportedly tells staff.
Vox Media, which owns The Verge, SB Nation and New York Magazine, laid off 133 people—7% of the media conglomerate’s staff—in anticipation of a declining economy, chief executive Jim Bankoffreports, mere months after Fandom acquired the four outlets, among others, for $55 million.
Entertainment company and fan platform Fandom laid off less than 50 people at affiliated GameSpot, Giant Bomb, Metacritic and TV Guide, Varietyaccording to publisher and chief executive Steven Saslow—an undisclosed number of people were laid off and severance packages depend on signing a non-disclosure agreement, the Oregonian reports.
The Medford, Oregon-based Mail Tribune shut down their digital publication after hiring difficulties and declining advertising sales,laid off 75 employees as part of a broader corporate reorganization.
NBC News and MSNBCclosed a printing press in Greece, New York, as part of an increased focus on online journalism, resulting in the layoffs of 108 people.
Gannettlaid off 50 employees at an Indiana printing press to “adapt to industry conditions,” a spokesperson told the Indiana Star—the press remains open and the layoffs aren’t expected to affect newspaper employees.
GannettTangent
Nate Silver, founder of Disney-owned FiveThirtyEight, tweeted on April 25 that Disney’s layoffs had “substantially impacted” the data-focused news site, suggesting his contract is up soon and he expects to “be leaving at the end of it.” Silver—who is best-known for his site’s election predictions—sold FiveThirtyEight to Disney subsidiary ESPN in 2013, after previously working at the New York Times.





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