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Wednesday Feb 08, 2023

After tech companies, now it’s the media’s turn… Retrenchment of employees started, thousands of jobs lost. financial crisis in US Media: Massive Job Cuts Amid Falling Newsroom Employment


Retrenchment continues in the American media as well. According to a report, many companies have fired thousands of their employees.

After tech companies, now it's media's turn, layoffs begin, thousands of jobs lost

Retrenchment of employees started in media companies

in the world financial crisis Now slowly its effect is beginning to fall on all the sectors. most powerful country in the world America After tech companies, now the retrenchment of employees has started in media companies as well. In the US, the management of CNN, Washington Post, Vox Media, and The Verge website and New York Magazine announced on Friday that it would lay off seven percent of its staff.

As reported by AFP, Vox Media CEO Jim Bankoff said in a mail to employees thatThe company is suffering losses due to the challenging economic environment affecting business and industry. That’s why the company decided to remove about seven percent of the employees from all its departments. According to reports, Jim Bankoff gave the employees only 15 minutes to leave the company.

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37 weeks pregnant was also fired

It is said that the company 1900 people work in it. 130 people have been affected by the retrenchment decision. Vox Meghan McCarrow, an award-winning journalist who spent more than nine years at media-owned website Eater, tweeted that she was 37 weeks pregnant and was on the list of laid-off employees. We cannot express the crisis that my family and I are facing.

‘Damage to both journalists and journalism’

Washington Post CEO Fred Ryan warned last month that “many positions” would be cut in the coming days. Regarding layoffs, the Writers Guild of America East told AFP, “Journalism has been under pressure for a long time and many companies feel it is the right time to reduce their labor costs. This is harming both journalists and journalism.

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Let us tell you that earlier media giants NBC News and MSNBC had also retrenched employees on a large scale. The number of affected employees could be up to 75.

US: Big accident in Arizona, US, 3 people of Indian origin died after falling into frozen lake. USA 3 Indian Americans die after falling in frozen lake in Arizona state bomb cyclone

Regarding the accident, one of the officials told that the rescue team had taken one out safely, but could not save him and he died on the spot. The bodies of all the three deceased have been recovered.

US: Major accident in Arizona, US, 3 people of Indian origin died after falling into frozen lake

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Image Credit source: ANI

America’s Arizona State involving a woman in a tragic incident in Indian values Three civilians died after falling into a frozen lake. This incident took place two days back on December 26 at 3.35 pm. Coconino County Occurred in Woods Canyon Lake (in Coconino County).

The Coconino County Sheriff’s Office (CCSO) said in a statement on Tuesday, “The people who died after falling into the lake have been identified as Narayan Muddan (49), Gokul Mediseti (47) and Harita Muddana.” All three were residents of Chandler, Arizona and were originally Indian. Chandler is a suburb of Phoenix.

bodies of all three recovered

Officials said that they had pulled out Harita Muddana, but could not save her and she died on the spot. The bodies of all the three deceased have been recovered.

According to a statement issued by officials with the CCSO, “Personnel stationed at a substation in the area were immediately called to the lake following an incident of two men and a woman walking on the frozen lake and falling through the ice.” Woods Canyon is located east of Lake Payson in the Apache-Sitgreaves National Forest. This is an extremely popular area among hikers, anglers and other outdoor enthusiasts.

america battling snow storm

These days more than one million Americans and Canadians are facing the worst snow storm in a hundred years. Many people have died in this snow storm, and life there has become chaotic. Apart from snowfall in this snow storm, strong winds are also blowing. A large number of people trapped in the storm are forced to take shelter in the car itself.

Several people have died so far in blizzard-related incidents in western New York. The storm-battered city of Buffalo also braced for Tuesday’s snowfall, even as the death toll soared to at least 34. Apart from this, many people are stuck in the car for several days while the airports of the city have been closed. Bodies of those who died due to cold are being found in cars and houses.

Mayor Byron Brown’s office said Tuesday that seven more deaths from the storm brought the toll in the city of Buffalo to 27, while at least seven people died in the suburbs. The National Weather Service has forecast two inches of snow in Erie County on Tuesday. Buffalo is the second largest city of New York where about 2.75 lakh people live.

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