Briefing

The Athletic Lays Off Staff Amid Subscription Growth Slowdown

By
Tom Dotan
· · Source: The Information

The Athletic has become the latest media company to thin ranks amid the pandemic. Today the company announced it was cutting 8% of its staff, or 46 people, as subscription growth has tanked in the last month. They’ve also instituted pay-cuts across the board. In an internal note, CEO Alex Mather said subscriptions held steady for the first few months of the pandemic, with sports halted around...

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