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Facebook is investing $100M to support the news industry as it struggles through the coronavirus crisis: $25M in emergency grants & $75M in marketing spend.
Gannett is asking its staff to make a “collective sacrifice” with unpaid furloughs and pay cuts in the wake of the coronavirus.
While the world battens down the hatches to try to stop the spread of coronavirus, the subscription world marches on.
The (Cleveland) Plain Dealer announced that it would cut 22 staff to reduce costs. This is the third round of layoffs in 15 months.
