All Things Digital’s Peter Kafka is reporting that The Daily expects to tell 50 of its 170 employees that they’re being laid off.
Of those positions, 29 were full-time staff members. The Daily’s Editor-in-Chief Jesse Angelo said sports coverage will be handled by content partners, such as Fox Sports, and the standalone opinion section will be eliminated.
The Daily launched with a great deal of fanfare 18 months ago originally on the iPad. It quickly added other editions as well, but never got subscriptions much beyond 120,000. It had dropped below 100,000 subscriptions b…
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The Daily to cut 50 staff members, switches to vertical-only layout