New York Post: Quartz up for sale just two years after it was sold by Atlantic Media

New York Post: Quartz up for sale just two years after it was sold by Atlantic Media. “Even before the pandemic, pressure was mounting on the eight-year-old financial news operation. In May 2019, the company imposed deep cuts, laying off 80 people, or 40 percent of its staff, after it said business dropped by 54 percent during the first quarter of that year. The editorial staff at that time was reduced to 50 people from 85. In its most recent earnings report, the company said that its revenue from Quartz plunged to $5 million in the first half of 2020 from $11.6 million a year earlier.” I loved Quartz until it started beating me over the head with a heavy paywall.

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