The Intercept - 17,000 news media jobs gone in 6 months

BuzzFeed News is gone. Vice filed for bankruptcy. Others have made deep staffing cuts. Our nonprofit newsroom doesn’t depend on the whims of advertisers and megacorporations, but we’re not immune to declining news readership — and inflation is squeezing the nonprofit giving that we depend on.




2023 has been one of the worst years that we’ve ever seen for news media job losses, with more than 17,000 eliminated since the start of the year.

Then, last week, nonprofit news outlets like The Intercept got even more bad news. A major annual survey found that charitable giving declined by the largest amount ever recorded between 2021 and 2022 — and 2023 is projected to be similarly difficult for fundraising.

Our reader-supported model has helped protect us from some of the pressures faced by for-profit news outlets. But with both digital news and the nonprofit sector facing serious economic headwinds, we’re looking at some very dire conditions now and in the years to come.

Despite these challenges, we remain optimistic about the future of The Intercept thanks to the incredible generosity of readers like you who chip in to support our mission.

But right now, we’re behind the fundraising goals we need to meet in order to take on challenging stories and investigations that could take months or years to pay off.

Will you help The Intercept continue to provide our independent journalism in this difficult moment for nonprofit news by making a donation of $5 today?

Over the past decade and a half, a generation of digital media outlets — including BuzzFeed News, Vox, Gawker, Vice, and Insider — all emerged with ambitious goals to harness the power of the internet to reinvent journalism.

Today, BuzzFeed News and Gawker are gone. Vice filed for bankruptcy. Others have made deep staffing cuts.

Some are calling it the “end of an era” for digital journalism.

Fortunately, The Intercept’s nonprofit newsroom doesn’t depend on the whims of advertisers and megacorporations. But we’re still not immune to a broader decline in news readership that is affecting the entire industry — especially since inflation is also squeezing the nonprofit giving that outlets like us depend on.

To make it to the other side, we need to continue to grow our membership program: the more than 100,000 Intercept readers who have shown their support for independent investigative journalism by donating some of their hard-earned money to power our work.

That’s the base of support we depend on to plan challenging investigations and know that we can follow the truth no matter where it leads us. But right now we’re behind the ambitious fundraising goals we need to meet to stay on track for 2023.

To stay in the fight, we need loyal readers like you to step up and join today. Will you become a member with a donation of $5 and help power our fearless, adversarial journalism?

STAND WITH THE INTERCEPT →

Thank you,
The Intercept team

The Intercept’s fiscal sponsor is First Look Institute, a 501(c)(3) charitable organization (tax ID number 80-0951255).

The Intercept’s mailing address is:
P.O. Box 27442
Washington, DC 20038

The Intercept is an award-winning nonprofit news organization dedicated to holding the powerful accountable through fearless, adversarial journalism. Our in-depth investigations and unflinching analysis focus on surveillance, war, corruption, the environment, technology, criminal justice, the media and more. Email is an important way for us to communicate with The Intercept’s readers, but if you’d like to stop hearing from us, click here to unsubscribe from all communications. Protecting freedom of the press has never been more important. Contribute now to support our independent journalism.

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