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The Guardian - US
The Guardian - US
Business
Edward Helmore

‘Breathtaking’ media layoffs continue with job cuts at NowThis and Intercept

Headset on laptop keyboard, with no person in sight.
The 2024 evisceration of journalism and media jobs continued on Thursday. Photograph: baona/Getty Images/iStockphoto

The 2024 evisceration of journalism and media jobs continued on Thursday with staff cuts at NowThis, and at the Intercept, an investigation-focused publication launched 10 years ago with funding from the eBay founder Pierre Omidyar.

In a “reduction in force” (RIF) statement reposted on X, the Intercept management said that, like many news outlets: “The Intercept is facing significant financial challenges. To become sustainable, we need to make some changes – which unfortunately include 15 staff reductions across the organisation.”

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