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Washington Post lays off nearly 100 staff amid growing losses

share-iconWednesday, January 08 comment-icon2 weeks ago 7 views
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bbcBBC
Washington Post lays off nearly 100 staff amid growing losses

Credited from: BBC

  • The Washington Post is laying off nearly 100 workers, which is about 4% of its staff, to address growing financial losses.
  • The layoffs primarily target employees in business roles, as the paper struggles to compete with digital platforms for advertising revenue.
  • This decision comes amidst editorial turmoil following Jeff Bezos' controversial decision to block an endorsement for Vice President Kamala Harris.
  • In 2023, the newspaper recorded $77 million in losses and a significant drop in readership, leading to additional staff buyouts.
  • High-profile departures, including veteran journalists, have followed this turmoil, indicating unrest within the organization. More details can be found in the original article here.

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Gloria Terra

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