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.”