News that the over-budget Intercept, a nonprofit newsroom founded by tech billionaire Pierre Omidyar, is cutting staff -- including its entire research team -- has prompted critics to complain. “I am sickened,” Intercept co-founder Laura Poitras reportedly emailed. Perhaps more striking is that the publication is cutting reporting staff while keeping top salaries that are almost unheard of in nonprofit journalism. Co-founder Glenn Greenwald received over $1.6 million from 2014 to 2017, according to tax records, including $369,847 in 2017. Intercept top editor Betsy Reed hauled in $368,249 in 2007, while Jeremy Scahill, another cofounder, earned $349,826 in 2015.
Posted on: March 18, 2019