Media News

Business Insider units consolidating under Turner

January 26, 2024

Posted by Chris Roush

Bron Maher of Press Gazette writes about the impact of the Business Insider layoffs within the news organization.

Maher writes, “A memo distributed following editor-in-chief Nicholas Carlsons address to the newsroom late on Thursday said the unified news, business and life team will be led by former business division head Matt Turner, who has been promoted to Business Insider’s deputy editor-in-chief. The two video teams have also been merged.

“‘These consolidations and our smaller staff size greatly reduced our need for managers, which is why some editor roles have been eliminated today in the US,’ the memo added.

“A spokesperson for Business Insider’s NUJ chapel said six editorial roles in the UK are under consultation. They added that all those roles are occupied by women or people of colour.

“In a statement issued subsequently, the chapel said it was ‘concerned about declining mental well-being of journalists, many of whom no longer feel they can trust leadership has their best interests at heart.”

Read more here.

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