Affected by the impact of new media, the traditional newspaper industry is generally facing challenges such as loss of readers, declining advertising, reduced profits, and declining channels. Many traditional media outlets, including the New York Times, have transformed their business models, but they have not yet escaped the whirlpool of homogeneous competition.

The financial crisis has made the already sluggish newspaper distribution even worse.

The Chicago-based Tribune Group, which operates the Los Angeles Times, the Chicago Tribune, the Baltimore Sun, and other important media in the United States, and the Chicago Press Group, the Sun Times Media Group, the Minneapolis Star, the News Chronicle, and the Philadelphia Newspaper Company, are all struggling and even on the verge of bankruptcy.

It seems that the prediction of the newspaper that the newspaper will die one morning in 2043 is slowly becoming a reality.

Andy knows that Jon Micham has a very good reason, and he also knows that the cost of print media is a big reason for the loss, especially the cost of a weekly print media like Newsweek, which has a lot of content and many pages, is higher than that of ordinary newspapers.

As we all know, the advent of a newspaper requires layers of links, such as reporter writing, relevant supervisor reviewing, editing and publishing, proofreading and checking, editor-in-chief signing, printing, distribution... The manpower and material resources spent in each link constitute the production cost of the newspaper.

Not to mention the fact that Newsweek, which has offices all over the world and has once again recovered its circulation to five million copies, can be imagined as a starting cost.

It seems that the need for another reform of the knife is needed!

In the face of the vicissitudes of the paper media, it is not a wise choice to sit and wait for death, whether it is to mourn its misfortune or to be angry.

To be honest, Andy's purpose in acquiring the print media is very simple, that is, for the right to speak and influence, according to his increasingly thick net worth, even if he maintains these newspapers, there is no problem at all.

But that's not how things work, Andy is a businessman first, making money is the first thing, and then he can think about anything else.

When it comes to newspaper reform, Andy's New York Observer has been a great success, but of course, its size cannot be compared with Newsweek, which is much simpler to reform.

Today's "Observer" is more personalized and tends to be luxurious, although the price has been raised, and the group served is more niche, but it is also more specialized, not only has it not reduced its sales, but has opened up new sales channels, such as

Clubs, leisure centers, personal favorites, etc.

Naturally, Newsweek cannot carry out such reforms, after all, although there are sometimes a lot of five million copies sold in the world, this volume is the foundation of discourse and influence.

Otherwise, the report of "Newsweek" would not have taken the four-star Li family so seriously.

"Boss, this is the cover and main content of the next issue, the North American edition and the European edition... Jon Meacham was also a little cold sweat by Andy's somewhat gloomy face and sharp eyes, and handed the folder in his hand to the big boss.

As Andy became more and more successful, his aura grew stronger, and almost no one would pay attention to his age first, let alone dare to despise him because of his youth.

Although he knew that Jon couldn't be blamed for the loss of the newspaper, as one of the few industries that made him lose money, even if it was only more than one million, it was impossible to give him a good look.

Taking over the folder, Andy opened it casually, and looked through the content, the content in North America is mainly about the in-depth reporting of the election and the economic crisis, after all, these two things are the most concerned things for Americans nowadays.

It's the European version, when I saw the cover content, I was just stunned at the same time, and I also poked his eyes a little, and my face was very unnaturally pulled a few times, and a large group of alpacas ran by...

"The French beauty justice minister is pregnant out of wedlock and refuses to disclose who the child's father is"

"The glamorous Dartty had an affair with 8 men at the same time before she became pregnant... ”

Ms. Dutty, 43, had a failed marriage in her twenties and has been single since. During Lao Sa's tenure, Dati served as Minister of Justice, and his fashionable and sexy dress attracted widespread attention.

In addition to the scandal with French President Lao Sa, it also includes a TV host, a cabinet minister at the time, a CEO of a large company, the prime minister of Spain, Lao Sa's brother, the desert justice minister, and the heir to a luxury company.

Well, the French version of the Find Dad Guessing Contest!

Jon Meacham was in a cold sweat on his forehead, cautiously looking at the big boss whose face changed and the corners of his mouth twitched from time to time, his heart was also bitter, but this kind of scoop can increase sales, and it is impossible for him not to publish it.

Although the spearhead of the child's father who is the child who is making a fuss in the United States is directly aimed at the big boss sitting opposite, this report may also attract more attention and ridicule, but it can be sold for money!

"What a meow can play!"

"Whew-"

Jon Meacham heard a ridiculous complaint from the big boss, and watched him pick up the signature brush and sign the name that had been published, his nervous heart finally relaxed, and he exhaled softly.

"Exclusive?" Andy asked, looking at Jon.

"Yes, boss, the news of this pregnancy has not yet been exposed, and a reporter from our newspaper dug up the news after discovering the clues. ”

"Tsk, it's a French woman... Andy also shook his head and smiled, he really admired the French woman's play, this is the old driver of the 111 bus!

"At half past two in the afternoon, a meeting will be held at the middle level and above, and the heads of national offices will participate in a video conference to brainstorm ideas, and the theme of the meeting is to come up with a solution to the turnaround of losses!" Andy said, looking at Jon Meacham.

"Okay, boss, I'll give you a notice right away. Jon nodded solemnly, but he was nervous in his heart, he knew that if he couldn't think of a suitable way, in order to reduce losses, I was afraid that layoffs would be inevitable.

Although Andy had just taken over Newsweek and also used internal investigation to lay off some sub-stations and departments, after all, he did not wield a butcher's knife to carry out major layoffs, but this time it seems that it is inevitable.

Looking at Jon Meacham's somewhat desolate back, Andy shook his head lightly with a cold gaze, he naturally understood what this old media man who had worked in the newspaper for decades thought, Jon didn't want to see his subordinates who had worked together for many years being laid off in batches, his mood was understandable, but Andy would not be merciful.

Although he bought Newsweek for a dollar, he also took over all the debts of the newspaper, and Andy didn't want to pay out of pocket for a ding's foreign debts, so he initially streamlined the organization, at least making the books look much better, and he could also bear his own profits and losses, so naturally there was no need for large-scale layoffs.

But in this economic environment, not to mention the Newsweek newspaper, all companies are looking for ways to save costs, reduce losses, and lay off employees, in order to survive the financial turmoil.

The afternoon meeting lasted for more than an hour in a tense and solemn atmosphere, and in the face of many force majeure factors, in fact, I couldn't think of too many effective solutions, after all, in this economic environment and the general trend of paper media going downhill, who can come up with golden ideas.

Eventually, in the silence of the meeting, where the breathing of the crowd could be clearly heard, Andy made the decision to lay off employees with a blank face.

In order not to lose the status of the source of information, truth, opinion and trust, this layoff, the excellent reporters, editors, printing, and distribution on the front line are not among the layoffs for the time being, and the network department will not lay off employees, including administrative staff, and other departments will be cut by half... ”

Andy's voice fell, and the faces of everyone in the entire conference room were extremely solemn and bitter, and those supervisors who were not within the scope of the reduction were not very happy, after all, they didn't do it this time, and if they still can't reverse the loss situation in the future, it will be their turn to end up, and it will be their turn to escape that knife.