Over 8,000 Journalism Jobs Slashed Across UK and North America in 2023!"
Job Cuts Overview:– Over 7,900 journalism industry job cuts were tracked in 2023 across the UK, US, and Canada by Press Gazette
Scope of Analysis:– The actual number of job cuts is likely higher, as smaller companies' cutbacks, not widely reported, are not included in the estimate.
New Job Creation:– Plans for creating new roles were significantly lower, with only 361 reported throughout the year.
Editorial vs. Non-Editorial:– The analysis includes job cuts from various departments, and not all are specified as editorial. Editorial-only numbers were used where possible.
Largest Single Reduction:– BCE Inc laid off 1,300 people, including a 6% reduction at Bell Media, making significant changes in news delivery and closing/selling nine radio stations.
News Corp Reductions:– News Corp planned a global reduction of around 1,250 positions across all business areas, including titles like New York Post and Wall Street Journal.
Reach's Significant Cuts:– Reach planned 727 redundancies throughout the year, with notable cuts in January, March, September, and November.
CBC's Announcement:– The Canadian Broadcasting Corporation (CBC) announced plans to cut 600 positions in response to budget pressures.
Other Notable Layoffs:
– Dotdash Meredith laid off 7% of staff (274 people), Smartnews laid off 40% (around 120 people), and Vox Media laid off 7% (133 people), citing various economic challenges.
Scope of Analysis:– The actual number of job cuts is likely higher, as smaller companies' cutbacks, not widely reported, are not included in the estimate.