HuffPost Follows Verizon...To Cut Jobs

HuffPost Follows Verizon…To Cut Jobs

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The tenures of some employees at HuffPost seem to be numbered. Thursday morning saw several employees of the HuffPost newsroom getting news of layoffs hitting the popular news website. According to a spokesperson for HuffPost, the company is looking to invest its talents and resources into the areas of greater audience engagement, differentiation and is on the brink of growth at a time when their mission means more than ever.

It was way back in 2005 that HuffPost was launched as The Huffington Post. It was co-founded by Arianna Huffington, who resigned as editor-in-chief in 2016. Former New York Times editor Lydia Polgreen was drafted in as her replacement. A statement published by HuffPost on Thursday saw Polgreen call it a “tough day” for the site. As of now, the media industry has seen a loss of around 1,000 heads roll nationwide this week.

Currently, the newsrooms all over the globe are in a grim situation. Wednesday witnessed Verizon, HuffPost’s parent company, declare a 7% cut to staff in their media wing, including the likes of Yahoo and AOL. This move was followed by BuzzFeed confirming that it will be letting go of 15% of its staff. Similar layoff scenario prevailed at Gannett, the nation’s largest newspaper chain, throughout the day.

The layoffs at HuffPost, the layoffs began on Thursday morning, with the site itself reporting that employees had been receiving calendar invitations to meet with human resources. The cuts come in the wake of Verizon’s announcement of taking a $4.6 billion write-down on Oath.

The layoffs stand to affect about 800 employees. It is still unclear how the cuts will be spread across Verizon Media. The stories of employees of HuffPost who were asked to go began to circulate on Twitter on Thursday. Jason Cherkis was one such reporter affected by the layoffs. He’d previously been nominated in 2016 for Pulitzer. Opinion head, Bryan Maygers, at HuffPost had been informed that the site’s opinion section has ceased to exist.