The media industry seemed to be in freefall on Friday following the announcement that Vice Media would cut 10% of its staff and that McClatchy Company offered buyouts to 450 employees, bringing the total number of media jobs cut in 2019 to over 2,100.
The massive cuts so far this year represent a recent trend of cuts at digital-media companies that sprung up as newspapers around the country were shrinking and disappearing.
2019 Media layoffs: over 2,100 jobs cut at BuzzFeed, HuffPost, and Vice – Business Insider
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