The far-left “news” website, the Daily Beast, is accepting buyout applications in order to reduce its overhead, according to insiders.
“New leadership at The Daily Beast is cutting headcount through buyouts. The company is accepting buyout applications to hit its goal of $1.5 million in reductions, according to people familiar with the matter,” reports the New York Times‘s Ben Mullin on X (formerly Twitter).
The tabloid has been highly critical of former President Donald Trump and has peddled falsehoods about Congressman Matt Gaetz, among others.
One former editor, Lachlan Cartwright, was instrumental in crafting the “catch-and-kill” claims against Trump that led to Manhattan District Attorney Alvin Bragg’s current prosecution of him.
scoop: New leadership at The Daily Beast is cutting headcount through buyouts. The company is accepting buyout applications to hit its goal of $1.5 million in reductions, according to people familiar with the matter
— Ben Mullin (@BenMullin) May 28, 2024
(2/2) There will be additional cuts beyond the $1.5 million — these are just the buyout reductions related to the guild. https://t.co/NmqfbSpFSK
— Ben Mullin (@BenMullin) May 28, 2024
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