The announcement is filled with Libs and Cons in the replies and quotes celebrating. You have people posting Kamala and Biden gifs, calling them Putin shills, of course Israel defenders, and also Greenwald stans, “learn to code“ types etc.
The text:
Dear team,
I am writing to share a challenging update.
Today The Intercept is parting ways with many talented and beloved colleagues.
Like many news outlets, The Intercept is facing significant financial challenges. To become sustainable, we need to make some changes - which unfortunately include 15 staff reductions across the organization.
With the board’s approval, the leadership team has a plan that we believe paves the way for a more sustainable financial foundation for The Intercept so that we can continue to produce high-quality investigative journalism. We have also implemented other cost-saving measures, including significant salary cuts for the leadership team and the flattening of the management team, to minimize the impact as much as possible.
If your role is being eliminated, you will receive a calendar invitation within the next fifteen minutes to meet individually with the - message cut off -
We will also hold a staff meeting later this afternoon for the remaining staff. We will use that time to answer questions and discuss our path forward. Meeting details will be shared shortly.
These changes include the departure of Editor-in-Chief Roger Hodge. We thank Roger for his leadership of the newsroom and contributions during our transition to an independent organization, and we wish him well. This is a difficult and emotional day for all of us. We are losing colleagues who reported, edited, and produced vital journalism and have done incredible work to bring important stories to life. We are grateful for all their contributions.
There will be plenty of time in the coming weeks to talk about The Intercept’s future, and how we can work together to become financially sustainable while continuing to produce impactful journalism. Today, we are focused on supporting our colleagues.
Thank you
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This is really unfortunate. I honestly don’t know too much about Intercept but their reporting on lavo jato, Israel and recently Pakistan among others was really important. And I don’t see any other American media outlet doing anything close. They are probably gonna make some State Department stooge the editor in chief now.