https://www.nationalreview.com/news/washington-post-bleeding-subscribers-considering-layoffs-report/
Washington Post Bleeding Subscribers,
Considering Layoffs: Report
Posted By: Dreadnought, 8/30/2022 6:47:08 PM
The Washington Post is considering laying off around 10 percent of its newsroom in response to declining profits, according to a new report from the New York Times. Fred Ryan, the Postโs CEO, is said to have suggested cutting 100 positions after ad revenue in the first half of this year fell 15 percent as compared to last year, several people with knowledge fo the discussions told the Times. The cuts could be made through hiring freezes or layoffs, or a combination of the two. A spokesman for the Post denied that the paper was going to be shrinking in size and suggested