Outvoxed: The Perils of New Age Publishing in Time of Rona
July 17, 2020
CNBC which continues to delight with “real news” published “Vox Media Preparing Round of Layoffs As Business Fails to Improve Amid Coronavirus Pandemic.”
DarkCyber’s reaction was, “How can this be? So hip, so with it, so confident with its flagship podcast. So very Silicon Valley.”
The write up reports:
Vox was 40% off its revenue forecast for the second quarter and plans to miss its full-year target by 25%
Yikes.
CNBC continued:
Vox furloughed about 100 employees in April, or 9% of its staff, until July 31 as Covid-19 affected advertising budgets. Many of the furloughed workers who haven’t already taken buyouts will be laid off, according to a person familiar with the matter. These employees primarily work for parts of Vox that were especially hit hard by the Pandemic, such as SBNation, Curbed and the company’s events group. There are likely to be additional job cuts, two people said.
One possible bright spot is the over talkers program billed as Pivot. Maybe the Pivot for fee educational series will raise the Vox in exaltation.
The Rona Era may inflict further unpleasantness on informed individuals. DarkCyber particularly enjoys the management suggestions Vox experts articulate.
Well, CNBC is reporting news. Vox just makes the news.
Stephen E Arnold, July 17, 2020
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