There have been lots of discussions on this forum, and many others about the business of photography and what happens when people give away their photos for free, or drastically undercut the market with their prices. Here is a direct result of those actions. CNN has given pink slips to nearly a dozen photojournalists. The reason behind this? Why pay professionals when we can use the photos we get from the general public for free.
We also spent a great deal of time analyzing how we utilize and deploy photojournalists across all of our locations in the U.S. [...] We looked at the impact of user-generated content and social media, CNN iReporters and of course our affiliate contributions in breaking news. Consumer and pro-sumer technologies are simpler and more accessible. Small cameras are now high broadcast quality. More of this technology is inthe hands of more people. After completing this analysis, CNN determined that some photojournalists will be departing the company.
CNN Lays Off 50 Staffers After Employee Appreciation Week | Reuters
Thoughts?