Washington Post Slashes Workforce as It Hemorrhages Subscribers
The Washington Post laid off roughly 4 percent of its workforce Tuesday, amid financial struggles and the departure of senior staff.
The cuts will eliminate around 100 jobs in the Post's business divisions, including advertising and marketing, the New York Times reported. They will not affect jobs in the newsroom.
This is the paper's latest attempt to reduce costs, after it cut 240 positions, including in the newsroom, in 2023. The Post was on track to lose $77 million in 2024, the same figure it lost the year before, as it has struggled to retain its audience after the 2020 election.
The Post said in a statement that the layoffs are part of a "transformation" intended to "meet the needs of the industry, build a more sustainable future, and reach audiences."
The layoffs are the latest setback for the floundering paper. Owner Jeff Bezos in October blocked the editorial board from endorsing Kamala Harris, prompting 250,000 readers—10 percent of the Post's customer base—to cancel their subscriptions.
Multiple longtime staffers, including Editor at Large Robert Kagan, resigned following Bezos's decision. Since then, the Post has witnessed the departure of further talent, including top political reporter Josh Dawsey and senior political reporters Ashley Parker and Michael Scherer.
Pulitzer Prize-winning cartoonist Ann Telnaes also quit last week after the Post rejected her cartoon mocking Bezos.
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