Article in The Guardian by Anna Betts, 11/18/24

Associated Press to cut 8% of staff through layoffs and buyouts

Agency president says fewer than half of cuts should affect news division as 121 people reportedly given buyout offers

“The Associated Press announced on Monday that it plans to reduce its workforce by 8% through a combination of voluntary buyouts and layoffs.

“In an internal email obtained by the Guardian, AP’s president, Daisy Veerasingham, informed staff that adapting to industry challenges requires “making some difficult changes so we can invest more fully in our future”.

” ‘We all know this is a time of transformation in the media sector,’ the email said. “Our customers – both who they are and what they need from us – are changing rapidly.”

https://www.theguardian.com/media/2024/nov/18/associated-press-layoffs