Mass Layoffs at Huffington Post : Journalism at the Edge of a Precipice
The only way the media industry can shield itself from the whims of sadistic media baron owners who care nothing for journalism is by looking beyond capitalist ownership.
World13/Mar/2021
Given their appalling regularity these days, media layoffs have begun to take on the character of a grim ritual that follows a now all-too-familiar pattern. With great pomp, a big industry player, media baron, or venture capitalist will announce a bold new merger or acquisition, often promising to rescue or streamline a flailing venture. Within a few years, or sometimes a mere few months, this chirpy PR will suddenly give way to the language of hardheaded financial calculus, after which a spate of layoffs invariably follows.
Huffington Post, Once a Beacon of Gender Equality, Is Shedding Women Editors Under BuzzFeed
On 3/12/21 at 1:04 PM EST
The Huffington Post, once praised as a cutting-edge media outlet driven by women, is losing much of its female staff amid widespread layoffs, effectively dealing a blow to its progressive reputation in a male-dominated industry.
After the website s acquisition by BuzzFeed was finalized last month, BuzzFeed CEO Jonah Peretti announced a restructuring effort that aims to fast-track HuffPost s path to profitability, according to a HuffPost report. Peretti reportedly told staff the website s losses amounted to approximately $20 million in 2020.
This week was marred by layoffs at HuffPost. Peretti said the employment of 47 U.S. staff would be affected, including eight in management. HuffPost Canada and HuffPost Quebec were shut down altogether on Tuesday, leaving 23 employees without work. And on Friday,
Image: FrackFeed
“Welcome to your new favorite place,” the headline of the website FrackFeed read at the beginning of December. “The dankest memes curated for your lurking enjoyment.”
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If you happen to be obsessed with both fracking and some semblance of early 2010s internet culture, FrackFeed was your playground. The site boasted quizzes (“Pick a Pumpjack”), jokes (“What do you call someone who steals energy? A joule thief”), and listicles (“The Top 5 Oilfield Innovations”). There were more oil and gas memes than you could know what to do with on the site’s active Facebook, Twitter, and Instagram accounts.
Find Out Which Disney Villain You Are Based Off Your Music Choices
This is who I got:
Ursula, the sea witch from The Little M
Yes - I am
Ursula
And I quote - Your ambition is intense and unquestionable, and you re not afraid to do whatever it takes to get what you deserve. Plus, your sense of humor and outgoing personality puts people under your ~spell.~!
Mostly accurate actually - all except the outgoing personality part. I d much prefer stay home and watch Disney movies!