Washington Post Begins Sweeping Layoffs
The layoffs are slated to shrink the newsroom by hundreds of journalists, cutting into The Post’s local, international and sports coverage.
The Washington Post told employees on Wednesday that it was beginning a widespread round of layoffs that are expected to decimate the organization’s sports, local news and international coverage.
The company is laying off about 30 percent of all its employees, according to two people with knowledge of the decision. That includes people on the business side and more than 300 of the roughly 800 journalists in the newsroom, the people said.
The cuts are a sign that Jeff Bezos, who became one of the world’s richest people by selling things on the internet, has not yet figured out how to build and maintain a profitable publication on the internet. The paper expanded during the first several years of his ownership, but the company has sputtered more recently.
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