[Despegar]

Facebook already made that change a long time ago to emphasize sharing of photos, status updates, etc over news.

NYT, WaPo, WSJ have all done fine while other publications that were founded on the premise of social traffic have gone out of business.

They're destination sites and brands in and of themselves, they don't rely on third party referral traffic.

[malvosenior]

This is incorrect. I assure you they get a large porition of their traffic from referrals and Google search results (and Google News). They were literally just complaining about this yesterday:

https://www.nytimes.com/2019/06/09/business/media/google-new...