
‘News deserts’ grow as US outlets slash 2,700 jobs: ‘We have suffered a huge loss here’
NY Post
Top news outlets across the US have been forced to slash their workforces at the fastest rate in three years, leaving a larger share of Americans in so-called “news deserts”.
Collectively, media companies have shed some 2,700 positions from their respective newsrooms — the most since COVID-19 ravaged payrolls in 2020, according to CNN, citing data from outplacement firm Challenger, Gray & Christmas.
Most recently, The Washington Post told its already-battered workforce that 240 layoffs were impending — an announcement that triggered a 24-hour strike over what staff called management’s failure to bargain in good faith.
The DC-based paper is just one of many news outlets struggling to devise a sustainable business model in the decades since the internet upended the economics of journalism: Earlier this month, Yahoo News and Yahoo Sports announced plans to slim down its workforce by 20% — or 1,600 employees — before year’s end.
The impact has been so severe that even late Berkshire Hathaway icon Charlie Munger said, “We have suffered a huge loss here,” and called the media landscape’s shift away from traditional newspapers “a terrible thing that’s happened to our country.”
“Now about 95% of [US newspapers] are going to disappear and go away forever,” lamented Munger, who died last month at 99. “And what do we get in substitute? We get a bunch of people who attract an audience because they’re crazy.”

Imagine if Allied intelligence had located Adolf Hitler in late May 1944 and killed him before the Normandy invasion. Imagine that in the same hour, strikes eliminated Hitler’s designated successor, the head of the German Armed Forces High Command, the chief operational planner of the war effort, Field Marshal Erwin Rommel, responsible for defending Western Europe, and the rest of Germany’s field marshals and senior commanders.












