Hindustan Times shutting down editions – it’s dangerously lazy to blame demonetisation

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A couple of days back, some people on Twitter posted about speculations over Hindustan Times closing down several of its city editions. On the same day, reports claimed that Hindustan Times had decided to shut down its business bureau. Now it appears that both the speculations about the paper shutting down some of its city editions and its business bureau are correct, as the media company has not issued any denial so far.

As per a ‘leaked’ letter being circulated, the newspaper has decided to close down its Kolkata, Bhopal, Indore, and Ranchi editions. It’s not yet clear what happens to the journalists employed for these editions i.e. whether they would be absorbed into the main business or would be laid off. If chatter among the media community is to be believed, most probably they are going to lose their jobs. Continue reading