Pay Cuts Have Provided a Temporary Fix, but the Pandemic Persists

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Though the journalism industry continues to report a staggering number of layoffs, pay cuts have allowed many outlets to retain staff and continue their work while cutting back spending—a momentary fix that cannot last forever. The Tow Center’s reporting on newsroom cutbacks found more than a hundred instances of reported pay cuts in newsrooms since the onset of the covid-19 pandemic. As with any of the cutbacks newsrooms implement during a moment of financial hardship, the indefinite magnitude of the crisis looms—how long will newsrooms continue to tighten their belts, and how long can they manage to do so?

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