Good Night and Good Luck – Edward R. Murrow
Bezos Guts Washington Post – Just Like Trump Wanted
Mainstream media is experiencing a major die-off at the hands of its own billionaire owners. On Wednesday, the Washington Post—at the command of Jeff Bezos—announced it would be laying off a third of its staff in the name of cost-saving measures. According to Executive Editor Matt Murray, the major layoffs have to do with the fact that the outlet isn’t pulling a profit anymore.
“These moves include substantial newsroom reductions impacting nearly all news departments,” Murray said in an internal memo obtained by CNN. “This restructure will help to secure our future in service of our journalistic mission and provide us stability moving forward,” he added.
The Post isn’t the only mainstream outlet facing heat for controversial layoffs. CBS News—owned by billionaire David Ellison—made a similar move earlier this year to the tune of massive layoffs across Paramount and CBS while picking up their own accusations of targeting people of color.
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