Media jobs disappeared in 2018 at the fastest rate since year one of the Great Recession.
That’s according to a report out Thursday from Challenger, Gray & Christmas, which found 15,474 announced job cuts across all media including TV, publishing, broadcast and print news and movies.
News organizations accounted for 11,878 cuts, which was up a staggering 281 percent from a year earlier, when news organizations cut only 4,062 jobs, the report revealed.
It marks the highest number of total cuts since 2009, when there were 22,346 losses as the Great Recession sliced deeply into ad revenue.
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