Business Insider Layoffs
May 2025
Business Insider announced a layoff affecting 0 employees (20% of its workforce) in May 2025. The company operates in the Media sector.
0
20%
May 29, 2025
About
Business Insider, the digital media company owned by Axel Springer, laid off 21% of its staff on Thursday. The restructuring, which affects every department, is a response to significant declines in online traffic, which historically accounted for about 70% of its business. CEO Barbara Peng stated the move is a tough but necessary decision to transform the publisher for a future media landscape reshaped by artificial intelligence and fewer readers, aiming to build a more sustainable model. The exact number of employees impacted was not disclosed.
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