Verizon Media Lay-Offs Include The Huffington Post

On Thursday, 20 employees with The Huffington Post were given pink slips just one day after Verizon Media (parent company) decided to cut 7% of its staff, according to The Daily Wire.

"About 750 Verizon Media employees were expected to lose their jobs," reports HuffPo. "That announcement came more than a month after Verizon took a $4.6 billion write-down on HuffPost’s parent company, Oath (now called Verizon Media), which includes AOL, Yahoo and HuffPost."

"HuffPost unionized with the Writers Guild of America, East in 2017," the report continued. "A spokesman for the union said at least 15 members had lost their jobs. Two full teams ― the opinion and health sections ― were eliminated."

In a statement on Thursday, HuffPo Editor-in-Chief Lydia Polgreen said that the media will be aligning more dollars to areas with "high audience engagement."

"It’s a tough day for HuffPost, and we’re losing some talented and beloved colleagues," Polgreen said Thursday. "We are deeply committed to quality journalism that reflects what matters most to our diverse audiences across the globe. HuffPost is aligning its talents and investments to areas that have high audience engagement, differentiation and are poised for growth at a time when our mission means more than ever."