There's a dark trend in the media.
It's been a bruising year for the media industry, with numerous publishers laying off swaths of employees. Andrelated to the incorporation of AI, speak to a troubling new pattern of media layoffs and AI announcements going hand-in-hand — if only, perhaps, as a way of softening the bad news to investors.
"Understanding this change is essential to a publishing house's future viability," Döepfner wrote in the letter, which was
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Insider Lays Off 10% of Staff After Starting AI ExperimentsInsider's president wrote, 'We have tried hard to avoid taking this step.' The editor-in-chief announced last week that writers would experiment with ChatGPT.
Read more »
Insider to Lay Off 10 Percent of Staffers, Company SaysBREAKING: Insider will lay off 10 percent of its team, according to a memo sent out by the company’s president on Thursday.
Read more »
Amazon Lays Off Some Employees in Its Advertising UnitThe layoffs are part of the previously announced job cuts that are expected to affect 9,000 employees.
Read more »
Meta lays off tech teams, battering employee moraleMeta Platforms Inc on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a 'year of efficiency.'
Read more »
BuzzFeed News shuts down as parent company lays off 15% of staffers“Moving forward, we will have a single news brand in HuffPost, which is profitable, with a loyal direct front page audience,” CEO Jonah Peretti wrote.
Read more »
BuzzFeed Moves to Close BuzzFeed News, Lays Off 15% of StaffBuzzFeed is laying off 15% of its staff and making plans to end BuzzFeed News, as it contends with ongoing business challenges, its chief executive said in a note to employees
Read more »