Medium Lays Off Staff, Closes Offices

A new business model and 50 pink slips.


The sad media-drumbeat of 2016 has kept right on going through the beginning of 2017.

On Tuesday, per a report by Talking Biz News’ Chris Roush, around two dozen layoffs were made at trade magazines The American Lawyer and Corporate Counsel. Today, it is the turn of Medium. The platform is closing its offices in New York and Washington D.C., as well as cutting 50 staff, which represents a third of its ranks. Remaining employees in those two cities will now work remotely.

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