MEDIA
The Atlantic lays off almost 20% of staff
MEDIA

The Atlantic lays off almost 20% of staff

Published: May 21, 2020  |  2 min read, 349 words
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Photo: Robert Alexander/Getty ImagesThe 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. Between the lines: The Atlantic's new majority ownership stake from Emerson... READ MORE
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