Business Insider layoffs hit as company shifts strategy and doubles down on AI

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1748576730 Business Insider layoffs hit as company shifts strategy and doubles.jpg

The host of “Charles Pain” criticizes the anti -American messages, “Financial media and the pessimistic opinion of the American economy.

Business Insider announced on Thursday that the company will reduce the size of its newsroom and make workers’ demobilization operations, which affects five employees.

“We reduce the size of our organization, a step that will affect about 21 % of our colleagues and touch each department,” said Business Insider, CEO of Business Insider in an internal note. Fox News digital. “This will be a difficult day, and our first priority is to provide clarity and support for those colleagues whose roles are eliminated.”

Peng announced 18 months ago a new strategy that focused on being a major port for the press in innovation, technology and business.

The Washington Post, “Roddes”, as the Bizous card “is sunk in the demobilization

Business Insider to lay off five employees. (Photo: Andrew Harr/Bloomberg via Getty Images)

“Since Jimmy Heller joined EIC at the end of last year, we have made great progress – we have taken our standards and switched towards more reliable reports and depths deeply for the people they read,” Beng said. “We have doubled the amount of original reports that we publish and increase the participation significantly in the past months.”

The port will also be “exiting the majority of our trade business, given its dependence on research, and maintaining a few high -performance sectors”, as well as launching a platform called BI Live, which they say will be an area to promote journalists and communicate directly with their readers.

Beng added that the company is “complete AI embracing“Where 70 % of the company’s Chatgpt Enterprise uses, with a goal of 100 %.

Last year, we launched several AI -driven products “In order to better serve our fans-to search the site to the Paywall in which artificial intelligence works-with the launch of new products in the coming months,” Beng said in the memo.

She said they are looking at how to enhance operations through joint services, and help us expand and work more efficiently. Change like this is not easy. But Business Insider was born at a time of turmoil – when the smartphone was reshaping how people consume news. We have flourished through risk and building something new. “

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The CEO of Business Insider Barbara Peng said that the company “fully embraced artificial intelligence”, as 70 % of the company’s Chatgpt employees are currently using institutions, with their goal of 100 %. (Jaque Silva / Nurphoto via Getty Images / Getty Images)

Beng told her employees that the changes would take some time to treat. ”

The employees were directed to discuss the changes during the team’s meetings Thursday morning.

A statement from the Internal Federation and Newsguild in New York criticized the demobilization of workers, specifically calling Axel Springer, a The German publisher who owns Business Insider.

“Axel Springer is a bill of dollars in its digital ports and media companies most of its revenues,” the statement said. “The demobilization of workers from our gifted work and members of the union is another example of the Axel Springer’s Prizen axis away from the press towards greed.”

Fox News Digital communicated with Business Insider to comment, and it was referred again to the Peng ad.