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The Atlantic Laying Off 68 Employees Amid Pandemic
Following mass layoffs last week at business publication Quartz (80 employees) and Vice Media (155 employees), The Atlantic announced plans on Thursday morning to lay off 68 employees, nearly 20 percent of the magazine's staff, amid "the current economic climate." Outgoing owner David Bradley told staff that the cuts are coming despite huge boosts in readership and subscriptions — 90,000 new ones — amid the publication's strong coverage of the spread of the novel coronavirus. "The Atlantic’s coverage of the global crisis has been unparalleled," the publication said in a statement.