BuzzFeed, Verizon, and Gannett slashed at least 1,000 media jobs this week [telecom]

Media organizations are in crisis mode.

Newspaper giant Gannett cut an unknown number of positions from its publications under the USA Today network Wednesday. BuzzFeed slashed

15 percent of its workforce, or 200 employees, it revealed Wednesday night. And Verizon Media capped the purge by laying off seven percent of its employees, amounting to about 750 jobs cut. Altogether, that totals more than 1,000 media jobs lost in a single day.