AM I NEXT? NO LOVE AT SINCLAIR BROADCAST GROUP

Hunt Valley, Maryland-based Sinclair Broadcast Group, a telecommunications and media programming company with broadcast operations including broadcast television, niche content services, and affiliate programming, has announced that it will be laying off 550 employees or approximately 5% of its workforce.

The decision was driven by the general slowdown and economic impact of the novel coronavirus pandemic.

According to a company spokesperson, "The impact of the COVID-19 pandemic continues to be felt across all sectors of the economy, something that can have a profound impact on a company as diversified as ours."

"From local businesses and advertisers to distributors and partners, no component of our business’s ecosystem has been fully shielded from the impact of the global pandemic. In response to this, we are currently undergoing enterprise-wide reductions across our workforce, including corporate headquarters, to ensure we are well-positioned for future success."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT BLOOMBERG MEDIA

New York City, New York-based Bloomberg, an influential financial, software, data, and media company, has announced a reduction in force in the research and editorial fubctions in Bloomberg Media. An estimated 90 employees company-wide are being targeted for layoffs.

The decision was said to be driven by efforts to restructure content generation processes with an emphasis on enhanced fact -checking and editing.

According to a company spokesperson, “For the most part, we will stick to the principle of one story, one editor. No more unnecessary back-reading or re-editing. Yes, of course there will be more complicated pieces that require senior managers to be involved, but those are the exceptions. We either trust an editor to handle a story, or we don't. If we don't like the end result, we give the editor candid feedback.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT HEARST MAGAZINES -- OPRAH "0"

New York, New York-based Hearst Magazines, one of the largest publishers of magazines and media across all platforms, has announced a reduction in print frequency of Oprah Winfrey's signature magazine "O" from monthly to quarterly commencing in 2021. Additionally, the company will also lay off 59 employees commencing in February 2021.

According to a company spokesperson, “Supporting our colleagues through the peak of the pandemic by protecting jobs and enhancing benefits has been our priority. As we embark on this new chapter and introduce a new model for this beloved brand, we must also make difficult decisions to position the business for growth, which we are doing with consideration and care.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?