Woke Media Companies Continue Laying Off Record Numbers of Workers

When President Donald J. Trump was in office, the Washington Post was enjoying a robust subscriber base of over 3 million.

Today, they are down to less than 2.5 million and bleeding profusely.

The result? The Jeff Bezos owned Post is cutting staff. His publisher, Fred Ryan, longtime media executive and political adviser is leaving his long held position.

Although barely mentioned by Big Media fake news propagandist companies, the fact is organizations like the Post, Warner Bros. Discovery, Disney, Morning Brew, Vice Media, Gannett newspapers, are laying off employees in record breaking numbers.

Even Adweek, a trade publication covering the ad industry, cut 10% of their staff so far this year.

Other cuts, included Vox Media (which owns The Verge, Thrillist and New York magazine), and Fandom, an entertainment news company.

Broadcast, digital and print news outlets have collectively announced right at 2,000 job cuts so far this year, surpassing the 1,808 cuts announced in all of 2022.

The Media industry has announced 17,436 cuts so far in 2023, the highest year-to-date (YTD) on record in history.

The second-highest YTD for the sector occurred in the Anthony Fauci-led pandemic year of 2020, when 16,750 cuts were announced through May.

After 2020, the next highest YTD occurred in 2001, when 15,984 Media cuts were announced in the first five months of that year.

The level of cuts in the first five months of 2023 is worse than at the outset of the pandemic in 2020, when 16,750 job cuts were announced through May.

Under the leadership of the Biden Crime Family influenced Administration, it is not just the Media (who gets by on subsidies and World Economic Forum kickbacks) getting hit.

U.S.-based employers announced 80,089 cuts in May, a 20% increase from the 66,995 cuts announced one month prior.

It is 287% higher than the 20,712 cuts announced in the same month in 2022.

So far this year, companies have announced plans to cut 419,500 jobs, a 319% increase from the 100,694 cuts announced in the same period last year.

Retailers

Retailers announced the second-most cuts in May with 9,053. Retail has announced 45,168 cuts so far this year, up 942% from the 4,335 announced through May 2022.

Automotive

The Automotive sector announced 8,308 job cuts in May for a total of 18,017 this year, a 235% increase from the 5,380 cuts announced in the same period last year.

Financial

Financial firms have announced 36,937 cuts through May, up 320% from the 8,788 cuts through the same period in 2022.

Health Care

Health Care/Products, which includes health products manufacturers and hospitals, announced 33,085 cuts, up 81% from the 18,301 announced in the sector in the first five months of last year.

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