Press Moves

Condé Nast announced a portfolio restructuring that shutters several smaller operations and trims staff as it shifts resources to its largest, most profitable brands. Plans include winding down standalone digital editions (including SELF) and reducing operations for...

Snap Inc. announced it will eliminate roughly 1,000 roles globally (about 16% of its full-time workforce) and close around 300 open positions as the company shifts resources toward artificial intelligence and higher-growth product areas.

The social platform X announced sweeping changes to its creator monetisation program that significantly reduce payments to accounts that largely repost content or engage in clickbait tactics. According to the report, the company has already cut payouts for so-called...

News reports indicate Meta Platforms is preparing a significant workforce reduction—potentially cutting about 8,000 roles, roughly 10% of its global staff—in an initial wave expected in late May as the company shifts heavily toward AI investments and infrastructure.

As a response to industry-wide readership and budgetary shifts, Nieman Reports announced that its Fall 2025/Winter 2026 issue will be the magazine’s final print edition as it moves to an all-digital model.

Reflecting financial stress in the campus and community radio sector, several Canadian campus radio stations are reported to be going off the air or under threat to do so, following budget cuts at their host postsecondary institutions. Many have already suspended...

Reports indicate CBS News’ editor-in-chief is planning major changes to “60 Minutes” after the current season, potentially including staff reductions and a shift in editorial focus toward harder investigative reporting. Sources say the overhaul could affect...

Recent reports say the Washington Post carried out extensive newsroom layoffs that significantly reduced staff headcount as part of a cost-cutting round. The storied outlet has been navigating industry pressures—advertising declines, digital subscription strategies,...

Multiple sources are reporting that Disney is planning workforce reductions of as many as 1,000 employees, with its Marvel Studios division and the marketing department expected to be heavily affected, reflecting recent leadership change and broader efforts to reduce...

During an all-staff call, the BBC announced plans to cut roughly 2,000 roles—about 10% of its workforce—over the next three years as part of a drive to reduce costs by around 10%. The planned cuts, expected to affect all areas of BBC News, reflect mounting financial...