Scott Cendrowski, the China correspondent for Fortune, writes on LinkedIn about being laid off by the business magazine.
Cendrowski writes, “Fortune gave me freedom to write the long-form, originally-reported pieces that turn heads, and online analysis too. I’m grateful for that.
“Legacy media is struggling mightily. Some are going to make it, others are not. I hope Fortune comes out alive. Talented writers and editors still fill every nook and cranny of Time Inc., but it’s a shame they’ve lost so much talent.
“What an adventure it has been. I started my career around some of the most talented journalists out there. I cornered Peter Elkind (of book fame) in the office, helped Bethany McLean (of Enron fame) report, went to the drycleaners for Allan Sloan (all-time great skeptic fame), wrote my first feature as a 26-year-old, wrote a cover story at 29, and became a correspondent just as China was coming down from its post-Olympics high. Oh, and I happened to meet my wife in the office.”
Read more here.
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This is what is wrong with journalism today: People are disposable. Fortune thought enough of this man to send him to China, which I'm sure isn't the easiest thing in the world. He was developed and did good work. Then, budget cuts and BAM. Laying someone off while he/she is in China seems barbaric. I'm sure he can be replaced with someone half his age working for peanuts. Also, this journalist will be snapped up by someone smart enough to see the value in having a journalist in a huge business market.