The Athletic Lays Off Nearly 4% of Newsroom, Shifts Coverage Approach
- The Athletic, a sports news outlet owned by The New York Times, laid off nearly 4% of its newsroom on Monday.
- Nearly 20 journalists will lose their jobs and more than 20 others will be moved to new assignments.
- The publication is shifting away from having one beat reporter per sports team to broader coverage.
- The Times bought The Athletic in January 2022 for $550 million.
- The Athletic has continued to lose money after the Times Company bought it, though revenue has increased.