Dotdash Meredith to lay off 143 people
Dotdash Meredith, one of the largest media publishers in the U.S., is laying off 143 people, CEO Neil Vogel said in an employee memo obtained by Axios.
Related Knowledge Center: State of the business model
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.