Yes, newsrooms are shrinking — but journalism is growing

Gigaom

The latest wave of buyouts has hit the New York Times newsroom, with the paper essentially paying about 100 staffers to leave, by compensating them with up to three weeks of salary for every year they were employed. NYT media writer David Carr has written about how difficult it is to watch one’s colleagues disappear in this way, and his feelings about it are likely shared by anyone who has been through a newsroom downsizing — as many journalists have by now.

There’s no question that the New York Times is probably losing some talented journalists, in an attempt to reduce its overhead costs and focus more on digital products. And it’s not just the NYT, obviously: Capital magazine put together a tally of just how many jobs have been lost from traditional newsrooms over the years, and it’s a fairly big number — almost 20,000 since 2008, or over…

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