News media outlets slashed record 2,700 jobs in 2023, with more expected 

AP Photo/Pablo Martinez Monsivais, File

News media outlets have done away with nearly 2,700 jobs so far in 2023, the most since 2020, according to a new study.

Data from outplacement firm Challenger, Gray and Christmas found media companies overall have made 20,324 cuts so far in 2023, the highest year-to-date total since 2020.

In the “news” subcategory the firm tracks, 2,681 jobs have been cut, including those in broadcast, digital and print. That total surpassed the 1,808 cuts announced during 2022 and 1,511 announced the year before.

A number of major media companies have announced efforts to trim staff and cut costs in the face of a tough advertising market and general news fatigue by consumers.

The Washington Post, for example, is aiming to cut some 240 jobs from its newsroom before the end of the year, and major staff reductions have been announced and implemented at companies including Conde Nast and Vox.

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