<story><title>The Atlantic lays off almost 20% of staff</title><url>https://www.axios.com/the-atlantic-layoffs-coronavirus-49cc6ad2-6579-45cd-b816-e20865f7351e.html</url></story><parent_chain><item><author>TechBro8615</author><text>Why does an “impact investor” own a newspaper anyway? Does this affect story selection and editorial behavior?&lt;p&gt;What “impact” could one expect to have by investing in a media organization, other than pushing an agenda?</text></item><item><author>burkaman</author><text>&amp;gt; Between the lines: The Atlantic&amp;#x27;s new majority ownership stake from Emerson Collective, the impact investment vehicle owned by Laurene Powell Jobs, has allowed the company to accelerate its growth in recent years, including a major staff increase and expansion that began in 2018.&lt;p&gt;&amp;quot;Emerson Collective is a social change organization that uses a broad range of tools including philanthropy, impact investing, and policy solutions to create the greatest good for the greatest number of people. Established and led by Laurene Powell Jobs, Emerson Collective is working to renew some of society’s most calcified systems, creating new possibilities for individuals, families, and communities.&amp;quot;&lt;p&gt;- &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.emersoncollective.com&amp;#x2F;about-us&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.emersoncollective.com&amp;#x2F;about-us&amp;#x2F;&lt;/a&gt;&lt;p&gt;Laurene Powell Jobs has ~$22 billion. She could pay the salaries of these 68 employees for the next 10 years if she felt like it without noticing a change in her bank account.&lt;p&gt;Obviously she is not obligated to do anything, but if employees of my &amp;quot;social change organization&amp;quot; that were hired under my watch, with my encouragement, were impacted by a possibly temporary economic downturn in the middle of a global pandemic and I could help them without sacrificing anything, I hope I would.</text></item></parent_chain><comment><author>nojito</author><text>Keeping the press alive is a worthwhile endeavor.&lt;p&gt;I&amp;#x27;d rather the world not turn into Youtube News coming out of some basement with no staff that actually goes out and investigates. Instead he is able to carve a bubble to share what he&amp;#x2F;she &lt;i&gt;thinks&lt;/i&gt; as news.</text></comment>
<story><title>The Atlantic lays off almost 20% of staff</title><url>https://www.axios.com/the-atlantic-layoffs-coronavirus-49cc6ad2-6579-45cd-b816-e20865f7351e.html</url></story><parent_chain><item><author>TechBro8615</author><text>Why does an “impact investor” own a newspaper anyway? Does this affect story selection and editorial behavior?&lt;p&gt;What “impact” could one expect to have by investing in a media organization, other than pushing an agenda?</text></item><item><author>burkaman</author><text>&amp;gt; Between the lines: The Atlantic&amp;#x27;s new majority ownership stake from Emerson Collective, the impact investment vehicle owned by Laurene Powell Jobs, has allowed the company to accelerate its growth in recent years, including a major staff increase and expansion that began in 2018.&lt;p&gt;&amp;quot;Emerson Collective is a social change organization that uses a broad range of tools including philanthropy, impact investing, and policy solutions to create the greatest good for the greatest number of people. Established and led by Laurene Powell Jobs, Emerson Collective is working to renew some of society’s most calcified systems, creating new possibilities for individuals, families, and communities.&amp;quot;&lt;p&gt;- &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.emersoncollective.com&amp;#x2F;about-us&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.emersoncollective.com&amp;#x2F;about-us&amp;#x2F;&lt;/a&gt;&lt;p&gt;Laurene Powell Jobs has ~$22 billion. She could pay the salaries of these 68 employees for the next 10 years if she felt like it without noticing a change in her bank account.&lt;p&gt;Obviously she is not obligated to do anything, but if employees of my &amp;quot;social change organization&amp;quot; that were hired under my watch, with my encouragement, were impacted by a possibly temporary economic downturn in the middle of a global pandemic and I could help them without sacrificing anything, I hope I would.</text></item></parent_chain><comment><author>mc32</author><text>Of course.  It’s the same reason “think tanks” are established.&lt;p&gt;You could always argue it’s good to get people to think and bring workable ideas to life... but of course the employees at these think tanks know who pays their salaries and what the expectations are.</text></comment>