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The rise of informal news networks
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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The Daily Beast / Maxwell Tani / Dec 4, 2020
“Employees also felt a renewed urgency after Meredith laid off staff and instituted pay cuts across the company following the massive advertising downturn amid the COVID-19 outbreak earlier this year. The People magazine publisher cut wages for 60 percent of staff, instituting a 15-percent reduction for more than 2,000 employees, and 20-to-40-percent reductions for higher-paid staff.”
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