Column chart showing announced media job cuts in the U.S. annually from 2008 to 2023. The annual average in this period is 12,100 job cuts. Job cuts peaked in 2020 with 30,200 cuts. In 2021 and 2022, there were 3,700 and 4,000 job cuts respectively. In 2023, as of Nov. 13, there were 19,900 job cuts with 2,400 being newsroom-specific cuts.