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Apple News+
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People Inc added 320 employees this year. Why is it still cutting 195 jobs?
People Inc is eliminating 195 positions, roughly 6% of its workforce, with most reductions concentrated in print and legacy web operations even after hiring 320 employees during 2026. The restructuring exposes a deeper media-economics shift as digital revenue grows but Google AI Overviews reduce search-driven traffic, forcing publishers to redirect people and investment toward commerce, licensing, social video and other businesses less dependent on conventional web visits.