The American news agency Associated Press announced on Monday 11/18 that it will cut 8% of its workforce, as part of its effort to “adapt” to the “transformation of the media sector”, against the background of the economic crisis in press space, just two weeks after the US presidential election. A voluntary severance and retirement program will be proposed first before “positions are eliminated,” Desi Weerasigam, president of AP, which is among the big three international news agencies along with Reuters and Agence France-Presse. “In total, these changes will affect 8% of our workforce” and of that approximately half of the positions that will be eliminated belong “in the news sector,” he added. The management did not clarify how many journalists are affected by the decision. Founded in 1846 by New York newspapers, the AP is a nonprofit organization that delivers news, articles, photos and videos to mass media. […]
Source: News Beast
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