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Staff Exodus from Bezos’ Washington Post to Jobs’ Atlantic Magazine

share-iconWednesday, January 01 comment-icon3 weeks ago 18 views
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thedailybeastTHEDAILYBEAST
Staff Exodus from Bezos’ Washington Post to Jobs’ Atlantic Magazine

Credited from: THEDAILYBEAST

  • Jeff Bezos’ Washington Post has lost two prominent reporters, Ashley Parker and Michael Scherer, to The Atlantic.
  • Parker and Scherer have left amidst a tumultuous year for the Post, which saw a significant loss of 200,000 subscribers due to editorial interventions by Bezos.
  • The newspaper's CEO, Will Lewis, faces scrutiny for financial losses estimated to surpass $70 million this year, prompting calls for significant changes.
  • The hiring initiative at The Atlantic appears to be backed by Laurene Powell Jobs, highlighting a strategic shift in talent acquisition.
  • While Bezos’ fortune is estimated at $235 billion, Powell Jobs' wealth stands at $16.1 billion, raising questions about the future competitiveness of the two publications.

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