Washington Post Announces It’s Slashing a Significant Number of Jobs
The Washington Post will be cutting about 240 jobs, employees were told Tuesday.
Patty Stonesifer, the chief executive officer at the Post, told employees that their hopes for online subscriptions had been “overly optimistic,” according to The Hill.
Stonesifer replaced Fred Ryan as publisher several months after the Post cut about two dozen newsroom staff jobs.
The Post has been retrenching, and last fall killed off its Sunday print magazine.
The Post, in reporting about itself, said about 2,500 people work for the newspaper.
It noted that layoffs have hit multiple media outlets, including CNN, which cut staff in December, Vox Media, which had a 7 percent staff cut last January,