Business Insider to Slash 21% of Staff in Shift Toward AI and Live Events; Union Slams Layoffs as ‘Pivot Away From Journalism Toward Greed’

Business Insider is making significant layoffs — cutting 21% of staffers across the board — as the Axel Springer-owned digital-media outlet pulls back in some areas and beefs up its live events business and the use of AI. CEO Barbara Peng announced the layoffs, BI’s third major round in three years, in a memo Thursday. […]

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