One can surmise that the total number of layoffs occurring (or will occur) could be a much higher number when taken into account other news about closures of smaller entities in the last month.
In reporting the layoffs, the effect of this on the veracity of the news was said best by Kristen:
“That means fewer journalists keeping the ‘powers that be’ in check, less questioning of authority, fewer answers to your burning questions and even more substandard information disseminated to the public,”