“Their economic model is gone. I think most local newspapers in America are going to die in the next five years, Baquet continued.
More than one-quarter of mid-market to large U.S. newspapers experienced layoffs in 2018, according to a new analysis, with digital-native news outlets also seeing a decrease in employees.
The Pew Research Center found that 27 percent of newspapers with an average circulation of 50,000 or more experienced one or more publicly reported layoffs last year.
Digital-native news outlets also saw job cuts, with 14 percent of the digital-native news outlets with the highest traffic experiencing layoffs.
The Pew analysis found that 31 percent of all daily newspapers had layoffs in 2018.