10d·
4 sources

Washington Post Announces Layoffs Amid Financial Struggles and Editorial Departures

The Washington Post lays off around 4% of its workforce as financial losses and staff turnover rise, excluding the editorial team.

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Summary

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The Washington Post has announced layoffs affecting around 4% of its workforce, approximately 100 employees, primarily in business divisions. This decision comes as the paper faces significant financial difficulties, reporting a $77 million loss in 2023, and suffering from a decline in digital subscriptions and revenue. The layoffs exclude the editorial staff, which had previously undergone reductions through voluntary buyouts. Recent upheavals have included high-profile editorial resignations and significant subscriber cancellations following the decision to not endorse Vice President Kamala Harris in the upcoming election, reflecting growing discontent among staff and readers.

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From the Right

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  • The Washington Post is undergoing layoffs impacting about 4% of its workforce, primarily in the business divisions, not the newsroom.

  • The newspaper has been facing significant financial difficulties, including a reported loss of $77 million in 2023 and a steep decline in digital subscribers.

  • There has been notable talent exodus, with several high-profile reporters and staff resigning, partially in response to the paper's controversial decisions regarding political endorsements.

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