The Atlantic is laying off 68 employees, or 17% of its staff, as the publication has seen big losses in its advertising and events businesses the publication’s owner, David Bradley, said in a memo. The company will also be implementing pay freezes for everyone and pay cuts for executives. The Atlantic had adopted a subscription model last fall and gained 90,000 new subscriber since March,...
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Can Livestream Shopping Cure the Holiday Gifting Blues?
Hi, welcome to the Weekend.It might seem against the holiday spirit to say so, but does anyone really love gift-shopping these days? Even pre-pandemic, it was a stress-inducing affair, loaded with decision fatigue, toy-of-the-year FOMO and ghosts of bad presents past.Into this consumerist minefield has stumbled a strange new entrant: livestream shopping. In this week’s issue, writer Janet...
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