Overview
- The Associated Press said Monday it will offer voluntary buyouts to U.S.-based journalists as part of a restructuring.
- Leaders set a target of trimming less than 5% of global staff, though the U.S. share could be higher because the offer is limited to American teams.
- Jobs tied to distributing stories to newspaper groups face the biggest changes, and layoffs could follow if too few people volunteer.
- AP is emphasizing video, rapid-response reporting, and topic beats while keeping reporters in all 50 states and growing local coverage through the AP Fund for Journalism.
- Revenue has shifted toward broadcasters, digital outlets, and tech firms as newspaper income fell to about 10%, with new deals that include OpenAI, Google’s Gemini, and election data sales to Kalshi.