Newsweek Cuts Back, As Reported from Bangalore Posted by Adam Blickstein

So Newsweek is reportedly planning some major cut-backs, including a staff cut of over 100, a reduction in physical copies produced each week, and "slimming" the publication. Of course the industry is reeling across the board, so the cuts aren't terribly surprising, especially as some outlets are now outsourcing reporting to India. The byline of the Reuters piece breaking the Newsweek story (linked above), though, provides an interesting twist to all this:

Reporting by Pratish Narayanan in Bangalore; Editing by Mike Nesbit

Reuters actually routs a large percentage of their financial reporting through Bangalore, but having a bureau in India breaking news about major cuts at an American publication struggling financially is an instructive indication just how unsettled and uncertain things are now for the media industry.

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