Newsletter Subject

I really hope that Daily Kos doesn't join the growing list of news outlets that have had to lay off staff in 2024

From

dailykos.com

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campaigns@dailykos.com

Sent On

Wed, Jan 24, 2024 09:12 PM

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Friend, this was an for the news business. By Tuesday, nearly a half dozen outlets announced staff l

Friend, this was an [exceptionally brutal week](for the news business. By Tuesday, nearly a half dozen outlets announced staff layoffs: - Facing looming layoffs, staff of the [Los Angeles Times]( staged a walkout in protest. Unfortunately they returned to the announcement that 20% of the newsroom would be laid off. - [Conde Nast]( is currently negotiating layoffs with its writers' union. Staff staged a one-day walkout earlier this week after the company rescinded its severance offer and put forth a lesser package. - The future of [Sports Illustrated]( is unknown when it's owner announced that the entire staff may need to be laid off - [Time Magazine]( laid off an unknown number of staff, across numerous departments in hopes of improving their financial situation. - After a round of layoffs last year and ceasing printing of the classic yellow-bound magazine, [National Geographic]( laid off its remaining staff of writers. This comes on the heels of an [exceptionally brutal year]( that saw a record high of media layoffs. News outlets have been struggling to cover their expenses in the face of an advertising revenue downturn. Far too many haven't been able to evolve their business models to survive these difficult times. Daily Kos has also faced financial difficulties. Two of our three revenue streams have continually fallen behind projections. To make up for those losses, we have had to rely more and more on donations from our community. [I really hope that Daily Kos doesn't join this growing list of news outlets that have had to lay off staff in 2024. We need to raise $86,446 in the next few days to reach our fundraising goal. Please support our work with a donation of $5 or more today.]( [DONATE]( Thank you for all you do, Amanda McKay, Daily Kos If you wish to donate by mail instead, please send a check to Daily Kos, PO Box 70036, Oakland, CA, 94612. Contributions to Daily Kos are not tax deductible. Sent via [ActionNetwork.org](. To update your email address, change your name or address, or to stop receiving emails from Daily Kos, please [click here](.

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