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Trump Curse..Huffington Post Starting Layoffs
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Callin:MV8zOTYyNzU2XzcxNjQ4NzQ1XzJFM0IxQ0U3] [quote:rosicrucian1:MV8zOTYyNzU2XzcxNjQ4MDY4XzY3RjMxNDVE] I've said the following several times on GLP and it will come to pass: corporate world is propping up much of the established MSM by paying advertising to them with no questions asked... fake views, fake clicks, fake circulation, fake usage stats.. in order to sell socialism and then communism to the people. the tribe own both the corporate world and the media, it is the left hand feeding the right hand... but one problem 95% of the media only sells to the left which is only 50% to 60% of the poorer part of the market. all these companies cannot exist at the same time competing with each other overselling the same small population with less cash to spend... something has to give.. watch for it in the coming years as several big ones collapse. [/quote] :hesright: [/quote]
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HuffPost began laying off employees Thursday morning, one day after its parent company, Verizon Media, announced it would cut 7 percent of its workforce.
About 750 Verizon Media employees were expected to lose their jobs. That announcement came more than a month after Verizon took a $4.6 billion write-down on HuffPost’s parent company, Oath (now called Verizon Media), which includes AOL, Yahoo and HuffPost.
HuffPost employees began receiving calendar invitations to meet with human resources representatives Thursday morning. Many recipients assumed that meant they would be among those losing their jobs.
“It’s a tough day for HuffPost, and we’re losing some talented and beloved colleagues,” HuffPost Editor-in-Chief Lydia Polgreen said Thursday. “We are deeply committed to quality journalism that reflects what matters most to our diverse audiences across the globe. HuffPost is aligning its talents and investments to areas that have high audience engagement, differentiation and are poised for growth at a time when our mission means more than ever.”
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