More than a thousand journalists are fired from the American media: what happened

Last week, several major American online publications announced large-scale layoffs. Under the reduction were journalists BuzzFeed and The Huffington Post, the restructuring also began dozens of smaller publications across the country. Total layoffs affected more 1000 people.

Фото: Depositphotos

In the editorial, the problems were connected with the fact that Facebook and Google monopolized the Internet advertising market. US President Donald Trump said that the reason for the layoffs - poor quality journalism and the spread of fake news, writes Medusa.

Cuts in The Huffington Post began on January 23

They became part of a large-scale restructuring at Verizon, which also owns AOL, Yahoo, and other companies. In total, 7% of the employees of the holding (about 800 people), including 20 journalists of The Huffington Post, were dismissed. Among them were some famous authors, for example, Pulitzer Prize finalist Jason Cherkis. Many have worked in the publication for a long time.

News from the category of "personal." Me and several of my outstanding colleagues were fired. It has been eight beautiful years, and I will miss terribly the newsroom that has become my family.

25 January the dismissal of 250 employees announced BuzzFeed

The dismissals affected 15% of the workers of the publication, and the reduction included departments that dealt not with the production of viral content, but with news journalism - in particular, it was decided to close the American news department. BuzzFeed CEO John Peretti announced that the publication would have to "focus on the directions that work [make a profit]."

After four years in BuzzFeed News, I was fired along with a whole team of national news and other brilliant reporters and editors. I am very proud of what we have achieved.

Cuts are also expected in dozens of small editions.

Gannett Holding, which owns hundreds of small publications across America, plans to fire some 400 people. Upcoming cuts were also announced in several smaller companies. WarnerMedia announced the closure of a whole division - WarnerMedia Investments. It was involved in the financing of digital projects.

At the same time it became known about the closure of the Museum of Journalism in Washington

Newseum, dedicated to the history of journalism and freedom of speech, has occupied a building in the center of Washington since 2008, but on January 25 was forced to sell it to Johns Hopkins University. According to The Washington Post, in recent years, Newseum experienced financial difficulties. The exhibition will be available at the same address until the end of 2019, the further fate of the museum is unknown.

The crisis in the online editions associated with the monopoly of Facebook and Google on online advertising

The reason for the incident - not in changing the tastes of the audience and the consumption of information - and not in the difficulties in the market, says a senior reporter for The Huffington Post, Zach Carter.

“The fact is that two very large companies take away advertising revenues, due to which journalism has always survived without providing anything in return,” he wrote.

Donald Trump predicted new layoffs

On January 27, the US president tweeted The New York Post’s headline “BuzzFeed and Huffpost with an ax” and added: “The cause of the crisis was fake news and bad journalism. Alas, there are still a lot of layoffs. People need truth!

BuzzFeed chief editor Ben Smith called Trump's statement ugly. The Huffington Post editor-in-chief Lydia Polgrin also criticized the president.

What a nasty statement! [Actually] dozens of Americans just lost their jobs.

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