The chapter Disruption in the Information Industry: Precariousness and Professional ‘Decapitalisation’ focuses on the information industry and the dramatic changes it has experienced as a result of digitalisation and the continuous crises that have directly impacted not only the ways the profession is practised but also the conditions in which journalists work. This section analyses the effects of these global processes within the Spanish context, with the aim of contextualising the structural conditions upon which the information industry is based, including advertising investment, employment, business models, and corporate mergers. The last section delves into how the economic situation has directly influenced the structure of the journalistic profession and resulted in the “decapitalisation” of journalism’s watchdog role, with a marked increase in jobs directed towards corporate communication, compared to the dwindling state of conventional media newsrooms. The chapter also underscores how the current working conditions for journalists clash with the professional values that have traditionally characterised the field, particularly journalistic autonomy, which is increasingly constrained by commercial and political pressures, as supported by various studies. To further explore the state of the profession and the conditions under which journalism is practised, the final chapter includes testimony from 16 junior and senior Spanish professionals, participants in two focus groups held in 2024. This section brings together first-hand experiences and reflections, offering a detailed overview of the current professional context and the circumstances under which journalists work.