Associated Press to offer buyouts to U.S. staff as it pivots away from newspaper business [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
artificial intelligence , to cope with the economic collapse of many legacy news outlets. Once the lion's share of AP's revenue, big newspaper companies now account for 10 per cent of its income. Despite changes – the company has doubled the number of video journalists it employs in the United States since 2022 – remnants of a staffing structure built largely to provide stories to newspapers and broadcasters in individual states have remained. That has its roots well back in American history; the AP was started in the mid-19th century by New York newspapers looking to share the costs of reporting outside their immediate territory. Exact numbers of staff reduction unclear The number of AP journalists who will lose jobs is murky, in part intentionally. The AP does not say how many journalists it employs. Pace said the AP's goal is to reduce its global staff by less than 5 per cent. The Marketing and Media Alliance estimated the AP had 3,700 staffers, but it was not clear when
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- AP says it will offer buyouts as part of pivot away from newspaper-focused history [Yahoo! Finance Canada]Yahoo! Finance Canada
- AP says it will offer buyouts as part of pivot away from newspaper journalism [BNN Bloomberg (Canada)]BNN Bloomberg
- AP says it will offer buyouts as part of pivot away from newspaper journalism [Yahoo! Finance]Yahoo! Finance
- This Billionaire Wants To Save America's Newspapers. He Thinks He's Found A Way [Yahoo! Finance]Yahoo! Finance
- Wife of St. Louis City star Eduard Lowen dies of cancer [USA TODAY]USA TODAY
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