[US] Associated Press latest media outlet to cut workforce

The Associated Press (AP) has announced plans to layoff around 8 per cent of its US workforce, HR Grapevine reports.

The job cuts are part of moves by AP to transition to a digital-first operation, with an increased focus on visual storytelling through photos, videos and interactive content.

The cuts will reportedly impact unionised and non-unionised employees. AP declined to specify exact numbers. 

In an internal memo, Daisy Veerasingham - AP CEO - cited shifting customer demands and broader challenges in the news industry, including declining revenues and the loss of major clients as factors prompting the decision.

“The media sector is undergoing a transformation,” Ms Veerasingham said. She highlighted the need to adapt quickly. Union president Vin Cherwoo reportedly stated that the job losses were unfortunate but reflective of the wider struggles confronting US news organisations.

Source: HR Grapevine

(Quote via original reporting) 

The Associated Press (AP) has announced plans to layoff around 8 per cent of its US workforce, HR Grapevine reports.

The job cuts are part of moves by AP to transition to a digital-first operation, with an increased focus on visual storytelling through photos, videos and interactive content.

The cuts will reportedly impact unionised and non-unionised employees. AP declined to specify exact numbers. 

In an internal memo, Daisy Veerasingham - AP CEO - cited shifting customer demands and broader challenges in the news industry, including declining revenues and the loss of major clients as factors prompting the decision.

“The media sector is undergoing a transformation,” Ms Veerasingham said. She highlighted the need to adapt quickly. Union president Vin Cherwoo reportedly stated that the job losses were unfortunate but reflective of the wider struggles confronting US news organisations.

Source: HR Grapevine

(Quote via original reporting)