
How Newsweek Predicted Its Own Demise
As we wait for final details of the Newsbeast staff cuts, we came across an impassioned case against layoffs that ran in the pages of Newsweek almost three years ago. The article, which was published before Tina Brown took over the magazine and merged it with her Daily Beast website, explained “our over-reliance on downsizing is killing workers, the economy–and even the bottom line.”
“Layoffs are mostly bad for companies, harmful for the economy, and devastating for employees,” the piece concludes. “The damage from overzealous downsizing will linger even as the economy recovers—and as it does, perhaps managers will learn from their mistakes.”
However, the piece also noted the argument against layoffs doesn’t apply to the media industry and went on to provide a grim forecast for the now folded magazine’s future. Read More




