Media job cuts jumped more than 20 percent in 2022: study  ...Middle East

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Media job cuts jumped more than 20 percent in 2022: study 
Cuts across the media industry were up about 20 percent in 2022 compared to the previous year, according to a new study. Data from outplacement research firm Challenger, Gray and Christmas found jobs in the "news," category — a sector Challenger tracks as a subset of media that includes digital, broadcast, and print news — announced 1,808 cuts in 2022. That number is up 20 percent from the 1,511 news job cuts announced in 2021. In the overall media sector, there were 3,774 cuts in 2022, the study found, down 5 percent from the 3,961 that occurred in 2021, the study found. A number of the nation's largest mainstream media companies have engaged in signifiant layoffs over the l

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