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by Mara Gay
The New York Times Translate This Article
24 July 2018
On 24 July 2018 The New York Times reported:
On Monday (23 July), word came that Tronc, the Chicago-based corporation that bought The News last year, had slashed its newsroom in half, laying off dozens of the best local journalists and ripping the heart and soul out of the 99-year-old tabloid, one of New York City's greatest assets and fiercest defenders. The loss for the city will be terrible.
Global Good News service views this news as the failure of modern business systems.
Such 'flops' highlight the need for more intelligent, evolutionary, Natural Law based, life-supporting systems.
It was The News's Greg B. Smith who broke open the massive lead scandal in the public housing authority, forcing the city to acknowledge that hundreds of children had been sickened. ...
Last year the paper shared a Pulitzer Prize for public service, for uncovering unfair evictions of mostly poor New Yorkers. ...
On Monday, though, Mayor Bill de Blasio tweeted, 'Tronc's greedy decision to gut the newsroom is bad for government and a disaster for NYC. Tronc should sell the paper to someone committed to local journalism and keeping reporters on the beat.'
Governor Andrew Cuomo on Monday urged Tronc to reconsider, and he said the state was willing to help the company stop the job losses. 'This will undoubtedly devastate many households and hurt an important New York institution,' he said. ...
Painful cuts have become the new normal across journalism, an industry that has struggled to find a sustainable business model amid vast changes in the way Americans consume news.
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Global Good News comment:
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