**The Associated Press Announces 8% Staff Reduction**

The Associated Press has announced plans to reduce its workforce by 8 percent, in response to rapid changes in the media landscape. This decision follows just two weeks after the organization played a critical role in reporting outcomes for the recent Election Day.

Daisy Veerasingham, the CEO of The Associated Press, informed that employees eligible for buyouts would be notified by the end of Monday. The reductions will impact both news and business departments within the organization.

The Associated Press emphasized that these cuts are a strategic measure to align with the evolving requirements of their audience and to maintain their status as a large-scale, independent news entity. The organization believes that this step is necessary to thrive amid significant transformations in the media industry.