The Washington Post connected Wednesday announced a bid of layoffs, following weeks of mounting speculation astir imaginable unit reductions astatine nan astir 150-year-old newspaper.
According to a root acquainted pinch nan situation, nan layoffs will chiefly impact sports, books, and nan company's podcast unit. The metro table will besides beryllium restructured.
The announcement follows caller scrutiny complete newsroom fund decisions, including nan paper’s shifting plans astir Winter Olympics coverage.
As first reported by The New York Times, nan insubstantial initially told much than a twelve journalists it would nary longer nonstop them to screen nan Winter Olympics successful Italy, little than 3 weeks earlier nan Games were group to begin. After public criticism, including from salient sports journalists, nan insubstantial later reversed people again and now expects to nonstop 4 reporters, NBC News confirmed.
The Washington Post, owned by Jeff Bezos since 2013, antecedently laid disconnected astir 4 percent of its unit astir a twelvemonth ago, though those cuts did not impact nan newsroom.
Ahead of nan layoffs, unit members from The Washington Post’s section table said successful an unfastened missive dated Jan. 27 to Bezos that they had been warned their conception would beryllium “decimated” and near “unrecognizable,” urging activity to sphere nan paper’s section coverage.
Similarly, nan Washington Post Guild, which represents hundreds of newsroom employees, had besides warned successful nan days starring up to Wednesday’s announcement that nan cuts could “potentially time off our newsroom moreover smaller than nan 1 [Bezos] purchased — and losing doubly arsenic overmuch money.”
Over nan past respective years, nan media manufacture has entered a broader play of reckoning, pinch some bequest players — from broadcast giants to newspapers — and integer outlets grappling pinch rising costs and debt-ridden equilibrium sheets arsenic audiences displacement really they devour news. Declining advertizing gross and intensifying title person pushed companies to accelerate cost-cutting and restructure plans crossed nan industry.
As a result, caller years person been marked by repeated rounds of layoffs and consolidation arsenic media companies effort to realign their businesses pinch a quickly evolving landscape.
Most recently, Netflix has moved to get Warner Bros. Discovery arsenic consolidation pressures intensify, while rival Paramount Global continues to prosecute its ain bid aft merging pinch Skydance Media past year. CBS, nether nan caller activity of Bari Weiss, is besides seeking to reinvent itself and has reportedly been considering further layoffs.
But signs of strain crossed nan manufacture person been building for years. Disney underwent a awesome restructuring successful 2023, cutting astir 7,000 jobs and reorganizing nan business ahead of a planned CEO transition later this year.
Legacy newspapers extracurricular of nan Post, person besides been deed hard. The Los Angeles Times has carried retired aggregate rounds of layoffs successful caller years, astir precocious enacting different 6% simplification to its newsroom successful mid-2025.
And nan displacement to digital-first platforms has not insulated definite news organizations from cuts either. BuzzFeed shuttered its news division successful 2023, while Vice Media filed for bankruptcy that aforesaid year. Business Insider also precocious trim much than 20% of its workforce as it scaled backmost successful immoderate areas while simultaneously accelerating its take of artificial intelligence — different area of finance permanently reshaping nan industry.
This is a processing story. Please cheque backmost for updates.
Allie Canal is simply a business newsman for NBC News.
Suzy Khimm is simply a nationalist investigative newsman for NBC News based successful Washington, D.C.
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