New York Daily News Lays Off HALF Its Reporters

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The newspaper industry is dying. Cenk Uygur, host of The Young Turks, breaks it down. TYT now has a full audio network! Listen at TYT.com/audio

"New York City and its environs are home to 20 million people, Wall Street, Broadway, the fashion and media industries, and a mix of cultures unlike few cities on the planet.
And yet news organizations operating in this singular metropolis barely have enough reporters to cover the Bronx or Queens.
On Monday, the New York Daily News, one of the city’s three daily newspapers, said it would slash its news staff in half, a draconian cut that continues the long, slow bleeding of newspapers and reduces still further the amount of local news coverage in the nation’s largest city.
The story is largely the same across the United States as publishers have gradually pared their staffs amid the ongoing economic tumult wrought by the digital delivery of news and information. The news industry has shriveled far faster than coal mining or heavy manufacturing, as exhaustively documented by the news industry itself. Employment in newspapers alone has sunk by more than half since the beginning of this century, tumbling from 424,000 people to 183,300 in mid-2016, according to the Bureau of Labor Statistics.”*

Read more here: washingtonpost.com/lifestyle/style/the-c...

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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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