AP plans to cut 8% of its workforce through layoffs and buyouts to focus on digital news.

The Associated Press (AP) plans to cut its workforce by 8%, combining layoffs and voluntary buyouts, to adapt to the changing media landscape and focus more on digital news. The cuts will affect less than half of the news division, with about 120 buyout offers extended to U.S. employees. The AP aims to support staff through severance and health coverage as it transitions to meet evolving customer needs.

November 18, 2024
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