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Sources: WaPo is losing about $100M per year but aiming to break even by the end of 2026, which could unlock fresh funding from Jeff Bezos (Financial Times)

Mediagazer · last updated

Financial Times:
Sources: WaPo is losing about $100M per year but aiming to break even by the end of 2026, which could unlock fresh funding from Jeff Bezos  —  Billionaire hopes culling hundreds of journalists will stem heavy losses and refocus the struggling newspaper  —  As rumours of job cuts swirled …