Bezos-Owned Washington Post Announces Layoffs Amid Losses

The Washington Post has announced plans to lay off nearly 100 employees, representing about 4% of its staff, in an effort to reduce mounting losses, according to media reports. João da Silva reported for BBC News.

The announcement comes during a period of upheaval at the company. I Photo: Mob mob Flickr

The layoffs will primarily affect employees on the business side of the storied U.S. newspaper, owned by Amazon founder Jeff Bezos. Like many media outlets, the Washington Post has faced challenges in the digital age, as online platforms increasingly dominate advertising revenues.

The announcement comes during a period of upheaval at the company.

Recently, Bezos broke with tradition by blocking the paper from endorsing Vice President Kamala Harris ahead of the U.S. presidential election in November.

In 2023, the Washington Post reported losses of $77 million (£45 million) and a decline in website readership. That same year, the publication offered voluntary buyouts to employees in an effort to reduce its workforce by 10%.