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National Geographic lays off its last remaining staff writers
(www.washingtonpost.com)
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I guess I don't have context, but that doesn't sound like a failing, unprofitable magazine in 2022?
dumbass executives. that's always the answer.
They only care about having the biggest paycheck while they suck the company dry so they can impress fake friends. Most of them could care less about the actual health and success of the business - as long as they can suck it dry and move on to the next company before it tanks.
It's pathetic and embarrassing. I'm surprised more scientists aren't studying the executive class and their undying desire to hoard wealth while other's employed in the companies they manage continue to suffer.