Digital publishers were expected to displace their legacy counterparts, but many have failed to produce profits despite growing quickly.
Estimated reading time: 0 minutes, 18 seconds
Estimated reading time: 0 minutes, 18 seconds
BuzzFeed, HuffPost, Yahoo and AOL have recently announced layoffs, while legacy publisher Gannett has said it will lay off 400 employees, including a Pulitzer Prize winning cartoonists and seasoned journalist. So reports The Washington Post.
Digital publishers were expected to displace their legacy counterparts, but many have failed to produce profits despite growing quickly.