Yesterday, we pointed to a report about layoffs happening at Time Magazine. Today, there is news of layoffs at the far left news site the Huffington Post. They are laying off dozens of workers.
This report is from the HuffPo itself:
HuffPost Lays Off Dozens Amid Corporate Cutbacks
HuffPost laid off over three-dozen employees Wednesday, including a Pulitzer Prize-winning journalist, as part of broader corporate cutbacks.
The creation of a new Verizon digital unit called Oath, following the acquisition of Yahoo, is expected to result in roughly 2,100 layoffs. Verizon owns AOL, HuffPost’s parent company.
Writers Guild of America, East, HuffPost’s union, said Wednesday that they were notified of 39 members being laid off.
“Like many of their peers across the industry, HuffPost employees unionized to ensure that they have a seat at the table as enormous corporations merge and restructure,” the union said in a statement. “The unit members who have been laid off will receive a collectively-bargained severance package that includes two months’ salary plus a week of pay for each year of service and continued health benefits.”
The HuffPost layoffs come as Lydia Polgreen, who took over as editor-in-chief earlier this year, is assembling a newsroom leadership team, which includes former Daily News Editor-in-Chief Jim Rich, and charting a new editorial vision. She recently oversaw a rebranding of the site, which was co-founded by Arianna Huffington, who left the company in August.
What is causing the crumbling of the liberal media?
Could it be because no one trusts them anymore?