A newspaper store in a city with a closing sign on the front door

This is a free excerpt from one of Shortform’s Articles. We give you all the important information you need to know about current events and more.

Don't miss out on the whole story. Sign up for a free trial here .

Why are journalism layoffs at an all-time high? Why is this so dangerous for society? Which outlets are the most likely to survive?

Traditional journalism faces a cataclysmic crisis due to the rise of tech giants, outdated business models, and consumer behavior shifts. The crisis has led to massive job losses in journalism and increased mistrust of the media. Experts warn it could fuel manipulation in democratic processes.

Keep reading to learn what’s behind the layoffs and the detrimental effects they could have.

Journalism Jobs Are Disappearing

The mainstream media and traditional journalism face an existential crisis as their ad-driven business models crumble in the face of technological disruption. This problem is manifesting in a bloodbath of mass journalism layoffs, outlet closures, and plummeting advertising revenues across print, broadcast, and digital news organizations. 


The media sector is in freefall, undergoing layoffs and sales and labor disputes reminiscent of the 2008 financial crisis. Prominent publishers are losing web audiences to tech behemoths like Meta and Google, and billionaires, private equity firms, and family-owned publishers have been unable to stem the tide.

Several striking indicators illustrate the severity of the crisis: 

This devastation is far from limited, with notable media groups feeling the sting: 

Media Meltdown Looms

Experts say that several key triggers are driving this calamity: 

Traditional Journalism: On the Brink 

This freefall has profound repercussions on various fronts. Experts say the widespread layoffs and closures translate to far fewer available jobs for journalists and the evaporation of entry-level roles and freelance gigs.

More troublingly, some warn that the hollowing out of large news institutions comes at a dangerous time for the US—aiding anti-democratic candidates in their quest for power. Without a robust media, unscrupulous figures can exploit the dwindling trust Americans have in news outlets to dodge accountability. This manipulation has more than just political consequences; it can lead to wide-ranging societal damage. 

Looking Ahead

Major media outlets, despite annual substantial losses, have been able to stay afloat through digital subscriptions.

However, some experts wonder if only a select few large, national outlets like The New York Times, Washington Post, and Bloomberg will dominate the future media landscape, surviving on digital subscriptions. Such a shift could usher in a dramatic narrowing of the media landscape, relegating other journalism to a scattered cottage industry of small, localized outlets and freelancers.

Journalism Layoffs Threaten Truth and Democracy

Want to fast-track your learning? With Shortform, you’ll gain insights you won't find anywhere else .

Here's what you’ll get when you sign up for Shortform :

  • Complicated ideas explained in simple and concise ways
  • Smart analysis that connects what you’re reading to other key concepts
  • Writing with zero fluff because we know how important your time is

Hannah Aster

Hannah graduated summa cum laude with a degree in English and double minors in Professional Writing and Creative Writing. She grew up reading books like Harry Potter and His Dark Materials and has always carried a passion for fiction. However, Hannah transitioned to non-fiction writing when she started her travel website in 2018 and now enjoys sharing travel guides and trying to inspire others to see the world.

Leave a Reply

Your email address will not be published. Required fields are marked *