Reported 1 day ago
The Washington Post plans to lay off approximately 4% of its staff, totaling less than 100 employees, as it seeks to cut costs while facing significant financial losses, including a $77 million deficit in 2023. Despite adjustments in various business operations, the newsroom is expected to remain unaffected by these layoffs. This decision is part of the company's broader strategy to adapt to the challenging media landscape and improve its business model.
Source: YAHOO