The Washington Post is laying off nearly 100 employees, representing 4% of its staff, in a bid to curb mounting losses.
The cuts primarily target workers on the business side of the renowned US newspaper, which is owned by Amazon founder Jeff Bezos.
The publication is among numerous news outlets facing challenges in the digital era, as online platforms increasingly compete for advertising revenue.
The layoffs come amid internal turbulence, following Bezos’ unprecedented decision to block an endorsement of Vice President Kamala Harris ahead of the US presidential election in November.
"The Washington Post is continuing its transformation to meet the needs of the industry," a spokesperson for the newspaper said. "Changes across our business functions are all in service of our greater goal to best position The Post for the future."
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In 2023, the Washington Post reported a $77 million loss and a decline in website readership. That same year, it announced voluntary buyouts in an effort to reduce staff by 10%.
Bezos wrote an opinion piece explaining that blocking the endorsement was necessary because of growing public perception that the "media is biased."
Still, the newspaper said 250,000 of its readers cancelled their subscriptions in protest.
Several prominent journalists have since left the publication, including investigative reporter Josh Dawsey, who confirmed on X that he is joining The Wall Street Journal. Managing editor Matea Gold has also departed, moving to The New York Times.
The situation escalated further on Saturday when Pulitzer Prize-winning cartoonist Ann Telnaes resigned after the newspaper declined to publish satirical cartoon depicting Bezos and other tycoons kneeling before a statue of President-elect Donald Trump.
Last month, Bezos announced that Amazon would donate $1 million to Trump’s inauguration fund and make a $1 million in-kind contribution.
He also described Trump’s re-election as "an extraordinary political comeback" and dined with him at the president-elect’s Mar-a-Lago residence in Florida.
Source: with inputs from BBC