The Atlantic lays off almost 20% of staff
Source: Axios
Sara Fischer
The Atlantic is laying off nearly 20% of staff, according to an internal note from David Bradley, the publication's chairman, that was obtained by Axios.
Why it matters: It's the latest media company that's been been forced to take drastic measures to survive the economic fallout from the coronavirus pandemic.
The state of play: The 68 staff cuts are mostly attributable to the collapse of the company's events business, which was one of its strongest pillars for many years.
In the memo, Bradley says that sales, editorial and events staff are all impacted.
Read more: https://www.axios.com/the-atlantic-layoffs-coronavirus-49cc6ad2-6579-45cd-b816-e20865f7351e.html
The final para lists other news outlets that have resorted to furloughs and layoffs due to the impact of COVID-19.
erronis
(15,241 posts)empedocles
(15,751 posts)BumRushDaShow
(128,892 posts)I found myself constantly reading their articles so I went on and got a subscription last October.
chia
(2,244 posts)EleanorR
(2,389 posts)Jeffrey Goldberg
Editor in Chief, The Atlantic
In the spring of 1857, a group of Boston transcendentalists gathered for dinner at the Parker House Hotel. After five hours of repartee, they decided to create a new magazine, one that would make politics, literature, and the arts its chief concerns.
They were united in three ways: their opposition to slavery, their love of American writing, and their tripartite namesincluding Henry Wadsworth Longfellow, Ralph Waldo Emerson, and James Russell Lowell. Harriet Beecher Stowe, the author of Uncle Tom's Cabin, was invited, but she boycotted the dinner when she learned that alcohol would be served.
After everyone agreed on Oliver Wendell Holmess proposed name, a plan for The Atlantic was set. The founders wanted to be fearless and outspoken at the dawn of a new era of human civilization. In a manifesto, they promised to be the organ of no party or clique; to honestly endeavor to be the exponent of what its conductors believe to be the American idea; and to care for the whole domain of aesthetics. The manifesto was signed by, among others, Herman Melville, Nathaniel Hawthorne, and yes, "Mrs. H. Beecher Stowe."
In November of 1857, the first issue was published, and we have never stopped publishing. Since its founding, The Atlantic has published everyone from the aforementioned Hawthorne (who served as the magazine's Civil War correspondent) to Frederick Douglass and Walt Whitman; from Robert Frost and Helen Keller to W. E. B. Du Bois and Booker T. Washington; from Emily Dickinson and Virginia Woolf to Mark Twain and Sylvia Plath; from a raft of future presidentsTheodore Roosevelt and Woodrow Wilson and JFKto the great writers of the present, too many to even begin mentioning.
We know that the America of today would be unrecognizable to the founders of this magazine, but my hope is that they would take quickly to today's Atlantic. They would recognize in our journalism the stringent application of intelligence and analytic rigor to the great problems of the day; the devotion to the explication of not only the American idea, but also the nature of an unsettled world; and a great love of literature and culture in all of its manifestations.
I believe that the founders would be able to locate these values in our print magazine, on our website, at our events, in our podcasts, and in our documentaries. (I also believe that they would be confused by our Instagram account.)
I write to thank you, an Atlantic subscriber, for supporting our journalism and for taking part in our great adventure.
With best wishes,
Jeffrey Goldberg
Editor in Chief, The Atlantic
stillcool
(32,626 posts)maybe I'll get a nice birthday present.