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The American press suffers from the pandemic

2020-04-15T17:25:08.139Z


Nearly 30,000 media workers are affected by layoffs, short-time placements or wage cuts.


It is an incomplete count but which makes it possible to discover the extent of the consequences of the Covid-19 pandemic on the American press. According to data compiled by the New York Times , at least 28,000 employees of press groups are affected by a saving measure, whether it is a dismissal, a placement in partial unemployment or a reduction salary. And the list goes on every day. On Tuesday, the Los Angeles Times announced to forty non-journalist employees that they would be placed on short-time work for four months, which could result in dismissal. Salaries for the entire editorial staff will be temporarily reduced from 5% to 15%. "Our advertising revenues have become almost non-existent",justified himself in an internal email the CEO of the daily, Chris Argentieri. The same day, the editor of the magazines Hollywood Reporter and Billboard dismissed 30% of its employees.

Advertising market collapse hits media hard

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Source: lefigaro

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