'It's an absolute bloodbath': Washington Post undergoing significant layoffs as part of 'strategic reset' [View all]
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Source: The Guardian via Yahoo Finance
Washington Post editor in chief Matt Murray on Wednesday morning announced internally a “broad strategic reset” that will result in “significant” layoffs across the company.
Staffers at the Post have been on edge for weeks about the rumored cuts, which the publication would not confirm or deny. Leading up to Wednesday’s cuts, the atmosphere in the newspaper was “funereal”, one employee, who was not authorized to speak publicly, said.
Employees received an email on Wednesday morning asking them to attend a Zoom meeting at 8.30am after which they will learn their fate via email.
It’s not yet known how many staffers will be laid off. “It’s an absolute bloodbath,” the employee said.
Read more: https://finance.yahoo.com/news/washington-post-undergoing-significant-layoffs-140939197.html
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