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Chicago Sun-Times to lose 20% of staff after buyout offer

Chicago Sun-Times · David Roeder · last updated

Thirty employees of the Chicago Sun-Times — around 1 in 5 on its payroll — have agreed to resign under buyout terms the paper’s nonprofit ownership offered in hopes of stanching persistent financial deficits.

Related Knowledge Center: State of the business model

State of Play

The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

Artificial intelligence


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Related Knowledge Center: Local media

State of Play

The hollowing out of the local news ecosystem has been well documented; in some communities, efforts are underway to reverse the growing news desert.


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