Media luck is starting to change but jobs are still at loss

Sunday, November 22, 2009

By Michelle Zimmerman

Although it has been seen in the past few months that the media has begun to take a new, bright direction in their industry, people all around are still losing jobs.

AOL announced last Thursday that they would again be cutting another 2500 jobs. The industry explains job cuts similar to AOL's are because most jobs are no longer needed.

Over the year there have been multiple job cuts all over the media industry which at first did not effect much of the production of companies. As the year continued along with more job cuts, it is expected that many companies are now cutting to a save costs but can possibly suffer from the lack of employees.

The media industry is thought to have an increase earnings because of the precautions companies are now taking to consider lower costs. Sadly it is not because of an increase of revenue.

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