The news business is on pace for its worst job losses in a decade as about 3,000 people have been laid off or been offered buyouts in the first five months of this year.The cuts have been widespread. Newspapers owned by Gannett and McClatchy, digital media companies like BuzzFeed and Vice Media, and the cable news channel CNN have all shed employees.The level of attrition is the highest since 2009, when the industry saw 7,914 job cuts in the first five months of that year in the wake of the financial crisis, according to data compiled by Challenger, Gray & Christmas Inc., an outplacement and executive coaching firm.The firm’s tally is based on news reports of buyouts and layoffs, and includes downsizing at printing operations and advertising and tech executives at Verizon Media Group, home of HuffPost...Hence the subscription services. But subscription service will not work if folks have to fill in a contract for indefinite money extraction.
What works better is Penny Clicker, and if new reporters want to work, they should be pushing Tim Cook to get that app up and running under AppleID. It is one of the killer apps for Apple, go for it.
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