While recent headlines have been dominated by mass layoffs in the tech sector, it seems no industry is immune, with redundancies continuing in media, manufacturing and hospitality.
The Associated Press (AP), a cornerstone of global journalism, has announced plans to cut around 8% of its workforce. The layoffs are part of a push to accelerate its transition to a digital-first operation, with an increased focus on visual storytelling through photos, videos, and interactive content.
The cuts will affect both unionized and non-unionized employees, though AP declined to specify exact numbers. In an internal memo, CEO Daisy Veerasingham attributed the decision to shifting customer demands and broader challenges in the news industry, including declining revenues and the loss of major clients.
“The media sector is undergoing a transformation,” Veerasingham said, emphasizing the need to adapt quickly. Union president Vin Cherwoo called the reductions unfortunate but reflective of the wider struggles confronting US news organizations.
Marriott International restructures corporate workforce
Global hotel giant Marriott International is set to eliminate 833 corporate jobs early next year as part of its restructuring effort.
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