Topics regarding layoffs at E.W. Scripps Co.

Topics regarding layoffs at E.W. Scripps Co.

Scripps News shutdown = 200 layoffs

https://www.axios.com/2024/09/27/scripps-news-layoffs-broadcast-news-channel The business model never seemed to make a lot of sense, but very little of what Adam has done had made any sense I guess.

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Post ID: @OP+1uKBnXoN

Stock at 10-yr low

The board needs to fire Adam, but I’m certain that Adam will come up with some “brilliant” plan that involves squeezing blood from the turnip that is the current employee base while saving his own a-s.

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Post ID: @OP+1sHIR3nQ

Guess I should have sold my stock in 2015

Was $24; now $9. How much longer will the board put up with incompetence on the part of leadership? But sure, laying off a couple hundred people in the coming months will fix everything.

Here it comes

300 jobs will be eliminated within the next year. My issue is not with layoffs, this was expected. What I have a problem with is the company deciding to stretch this out over 12 months. That means none of us will know if we're safe until this time... — read more 

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| 1490 views | | 2 replies (last April 27, 2023)
Post ID: @OP+1lmnk8DH

Reorg

https://www.tvtechnology.com/news/scripps-plans-major-restructuring-names-lisa-knutson-coo ATSC 3.0 is the bright new future? OMG. If it was going to take off it would have already.

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| 741 views | | 1 reply (April 21, 2023)
Post ID: @OP+1kTPUjGk

What's the right way to move forward?

By firing all the creative minds behind the companies under their umbrella, like cracked.com? Great job. Way to stay relevant "in the age of digital." If those words are the best a company whose money comes mainly from written or spoken word, then... — read more 

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| 1840 views | | 1 reply (January 11, 2022)
Post ID: @OP+RZE4FPr

Massive effort to go digital and expand reach

The company is doing well and it's trying to acquire modern social and digital assets that will allow it to compete in the future. There will be layoffs for Scripps due to this but this is the only way we can manage to survive and ensure the company... — read more 

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| 2531 views | | 2 replies (last January 20, 2018)
Post ID: @OP+NUgCstP

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