Evidence since January 26, 2024 strongly supports Jason’s prediction that economic conditions for legacy media would keep deteriorating, with continued layoffs, closures, and financial strain.

Newspaper and magazine cuts: The Los Angeles Times implemented one of the largest staff reductions in its history in January 2024, laying off more than 20% of its newsroom to stem annual losses of $30–40 million, after earlier cuts in 2023. (clickorlando.com) TIME magazine laid off about 15% of its unionized editorial staff to improve its financial position. (foxbusiness.com) Sports Illustrated’s operating license was pulled in January 2024, leading to the layoff of its editorial staff and later disruption of its print schedule. (en.wikipedia.org) In 2025, Condé Nast folded Teen Vogue into Vogue and laid off much of its politics team, reflecting continued retrenchment in traditional and youth-focused print brands. (theguardian.com)

Digital and TV brands shutting or shrinking: Vice Media, once valued over $5 billion, announced in February 2024 that it would stop publishing on Vice.com and lay off “several hundred” employees as it shifted to a studio model—effectively shuttering its flagship news site amid ongoing financial distress. (aljazeera.com) Pitchfork, a well‑known music outlet, was folded into GQ in early 2024 with associated layoffs. (mediapost.com) Major TV and cable news organizations have also cut deeply: CNN announced around 200 layoffs and then a further 6% staff reduction as part of a cost‑driven pivot to digital; Disney cut nearly 6% of staff at ABC News and related networks; Paramount slashed 3.5% of its U.S. workforce in 2025 after a 15% reduction in 2024, with additional large layoffs after its Skydance merger. (apnews.com)

Industry‑wide layoff data: Challenger, Gray & Christmas data show that the news subset (digital, broadcast, and print) announced 4,902 job cuts in 2024, up 59% from 3,087 in 2023, even as broader “media” layoffs dipped slightly—indicating mounting pressure specifically on newsrooms. (challengergray.com) Through the first ten months of 2025, the wider media industry announced 16,680 cuts, up 26% from the same period in 2024, confirming that layoffs across TV, film, streaming, and news remain elevated. (challengergray.com) Separate tracking of journalism redundancies also shows thousands more cuts across newspapers, broadcast, and digital outlets in 2024, with further staff reductions and furloughs announced in early 2025 at brands like the Washington Post, Wall Street Journal, CNN, HuffPost, and others. (mediablog.prnewswire.com)

While the exact number of job cuts fluctuates year to year, the post‑January 2024 period clearly features ongoing layoffs, closures, mergers, and aggressive cost‑cutting at major legacy newspapers, magazines, and TV networks, rather than stabilization or recovery. That pattern aligns with Jason’s directional claim that “it’s going to get worse and worse,” so the prediction is best judged as right based on the evidence to date.