"The Washington Post on Wednesday began implementing large-scale job cuts at the newspaper, the Associated Press (AP) and Reuters news agency reported, citing unnamed sources. According to the AP, the paper's executive editor, Matt Murray, announced the job cuts in a video meeting with staff. There had been speculation in recent weeks that the paper was planning layoffs, since the sports staffers who had arranged to cover the Winter Olympics in Italy were told they would not be going."
"Responding to the rumors, the Post said it would send a limited staff to Milan. The paper has seen a dip in subscribers in recent years, contrary to its longtime competitor, The New York Times, which has doubled its staff over the past decade. The Washington Post has been owned by billionaire Jeff Bezos since 2013. Before that, it was in the hands of the Meyer-Graham family since 1933."
The Washington Post began implementing large-scale job cuts on Wednesday. Matt Murray, executive editor, announced the cuts in a video meeting with staff. Sports staffers who had arranged to cover the Winter Olympics in Italy were told they would not be going, though the paper decided to send a limited staff to Milan. Subscriber numbers have dipped in recent years while The New York Times has expanded and doubled its staff over the past decade. Jeff Bezos has owned the newspaper since 2013, and the Meyer-Graham family owned it from 1933 until 2013. The Post gained renown for breaking the Watergate scandal and has won 47 Pulitzer Prizes, including six in 2008.
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