Another 11,000 people in the news media have lost their jobs in 2020.
It seems that few are willing to pay for news. Advertisers generally avoid news programming (online & broadcast) because it associates their brands with things that upset people. The combination of this continues to hammer news employment. Even when people read/watch the news - the advertising revenues keep shrinking because advertisers in general don't want to be next to something that upsets people.
McClatchy papers (biggest owner of newspapers in the USA) went bankrupt and was purchased by a hedge fund.
US Newspapers have bled out since Craig's List & Facebook killed their classified ad revenues, since sports coverage (outside of high school and below) have been killed by national websites, and you can get your comics/crossword puzzle/etc.... online for free or better if you pay a little. The Yellow Pages mostly died (replaced by online searches).
As a old guy who subscribes to multiple newspapers - my kind is rapidly dying off.
See:
https://www.axios.com/newsroom-layoffs-2020-c509fb2d-ef58-4fcf-bcdd-3d40022a7a39.html