Dubai Telegraph - Bezos-led Washington Post announces 'painful' job cuts

EUR -
AED 4.184217
AFN 71.778596
ALL 94.26058
AMD 418.558169
ANG 2.039871
AOA 1044.771654
ARS 1684.037898
AUD 1.652409
AWG 2.052229
AZN 1.941395
BAM 1.955605
BBD 2.29677
BDT 140.265982
BGN 1.926481
BHD 0.429957
BIF 3386.861518
BMD 1.139336
BND 1.475553
BOB 7.880212
BRL 5.89839
BSD 1.140386
BTN 107.036303
BWP 15.497451
BYN 3.307369
BYR 22330.988246
BZD 2.293471
CAD 1.616661
CDF 2583.449152
CHF 0.922361
CLF 0.026741
CLP 1051.03496
CNY 7.745378
CNH 7.752824
COP 3917.408495
CRC 517.748256
CUC 1.139336
CUP 30.192408
CVE 110.253981
CZK 24.27816
DJF 203.069705
DKK 7.480658
DOP 67.003304
DZD 152.015808
EGP 56.43136
ERN 17.090042
ETB 183.850126
FJD 2.581854
FKP 0.861788
GBP 0.863068
GEL 3.01359
GGP 0.861788
GHS 12.857715
GIP 0.861788
GMD 83.171943
GNF 9992.001402
GTQ 8.700131
GYD 238.656149
HKD 8.935301
HNL 30.511951
HRK 7.539903
HTG 149.045104
HUF 354.163079
IDR 20349.226973
ILS 3.420345
IMP 0.861788
INR 107.508332
IQD 1493.850705
IRR 1566872.020062
ISK 144.115067
JEP 0.861788
JMD 179.602051
JOD 0.807834
JPY 184.293362
KES 147.565252
KGS 99.635383
KHR 4577.542521
KMF 494.472282
KPW 1025.40292
KRW 1749.211811
KWD 0.35275
KYD 0.950305
KZT 553.304703
LAK 25030.498458
LBP 102119.294221
LKR 383.321691
LRD 207.719241
LSL 18.745127
LTL 3.364164
LVL 0.689173
LYD 7.320268
MAD 10.693231
MDL 20.218979
MGA 4823.517939
MKD 61.628841
MMK 2391.906346
MNT 4077.580531
MOP 9.211779
MRU 45.511452
MUR 53.834064
MVR 17.603174
MWK 1977.402379
MXN 19.943172
MYR 4.65765
MZN 72.807828
NAD 18.745127
NGN 1567.875065
NIO 41.965806
NOK 11.31707
NPR 171.257885
NZD 2.017953
OMR 0.438079
PAB 1.140386
PEN 3.888611
PGK 5.0045
PHP 69.855021
PKR 317.362483
PLN 4.291823
PYG 6960.304389
QAR 4.156785
RON 5.244483
RSD 117.36827
RUB 89.906115
RWF 1670.033097
SAR 4.282472
SBD 9.173881
SCR 16.016599
SDG 683.602068
SEK 11.094411
SGD 1.474533
SHP 0.850629
SLE 28.259714
SLL 23891.313258
SOS 651.734866
SRD 42.70578
STD 23581.957684
STN 24.497552
SVC 9.978003
SYP 125.933213
SZL 18.734128
THB 38.028805
TJS 10.554045
TMT 3.987676
TND 3.379962
TOP 2.743248
TRY 53.039861
TTD 7.750225
TWD 36.299026
TZS 2999.100271
UAH 51.186584
UGX 4185.581694
USD 1.139336
UYU 45.775425
UZS 13697.631062
VES 707.246307
VND 29964.540351
VUV 136.297015
WST 3.167398
XAF 655.89145
XAG 0.019435
XAU 0.00028
XCD 3.079113
XCG 2.055195
XDR 0.815718
XOF 655.89145
XPF 119.331742
YER 271.874128
ZAR 19.354809
ZMK 10255.396502
ZMW 20.541947
ZWL 366.865771
  • CMSC

    -0.1160

    21.93

    -0.53%

  • BCC

    1.2600

    81.02

    +1.56%

  • NGG

    -0.4100

    83.01

    -0.49%

  • BCE

    -0.2800

    22.92

    -1.22%

  • RBGPF

    3.7000

    65

    +5.69%

  • GSK

    0.6100

    52.5

    +1.16%

  • RYCEF

    0.3900

    18.39

    +2.12%

  • RIO

    -1.3700

    93.74

    -1.46%

  • BTI

    0.2800

    62.76

    +0.45%

  • RELX

    0.4200

    31.34

    +1.34%

  • JRI

    0.2100

    12.79

    +1.64%

  • VOD

    0.0300

    13.89

    +0.22%

  • AZN

    2.7300

    188.41

    +1.45%

  • CMSD

    -0.1600

    21.77

    -0.73%

  • BP

    -0.5900

    37.13

    -1.59%

Bezos-led Washington Post announces 'painful' job cuts
Bezos-led Washington Post announces 'painful' job cuts / Photo: Eric BARADAT - AFP

Bezos-led Washington Post announces 'painful' job cuts

The Washington Post, owned by billionaire Amazon founder Jeff Bezos, announced major job cuts Wednesday, saying that "painful" restructuring was needed at the storied newspaper.

Text size:

The Post, which gained legendary status when its reporting helped bring down president Richard Nixon in the Watergate scandal, will see "substantial" reductions in its newsroom, Executive Editor Matt Murray said.

The shrinking of the Post comes as major traditional media outlets in the United States face intense pressure from President Donald Trump, who routinely denigrates journalists as "fake news" and has launched multiple lawsuits over coverage of his presidency.

Bezos, one of the world's richest people, has become close to Trump in the Republican's second term. His Amazon behemoth controversially paid Trump's wife, First Lady Melania Trump, a reported $40 million for a documentary this year, along with another $35 million for marketing.

Murray said the shifts at the Post reflect the radically changing economy for news media.

This "will help to secure our future...and provide us stability moving forward," Murray said in a note to employees.

He cited changes to the news ecosystem, from individuals who "generate impact at low cost" to AI-generated content, as well as financial challenges that have already produced rounds of cost-cutting and buyouts at the Post.

"The company's structure is too rooted in a different era, when we were a dominant, local print product," he said. "And even as we produce much excellent work, we too often wrote from one perspective, for one slice of the audience."

On Facebook, Marty Baron, the Post’s executive editor until 2021, said: "This ranks among the darkest days in the history of one of the world’s greatest news organizations."

- War zone layoff -

The Post did not disclose the number of job cuts, but the New York Times reports approximately 300 of its 800 journalists were laid off.

Most of the paper's journalists overseas were let go, includings its entire Middle East roster and its Kyiv-based Ukraine correspondent.

Sports, graphics and local news departments were sharply scaled back and the paper's daily podcast, Post Reports, was suspended, local media reported.

Murray said the Post would now focus on politics, national security, technology, investigations, and business, among other topics.

But a reporter who covered Amazon -- currently valued at $2.6 trillion -- was let go.

"These layoffs are not inevitable. A newsroom cannot be hollowed out without consequences for its credibility, its reach and its future," the labor union representing many Post journalists said in a statement.

It called for supporters of the paper, acquired by Bezos in 2013, to rally outside its Washington headquarters at noon on Thursday.

The White House's communications director, Stephen Cheung, issued a typically scornful message.

"Just a reminder that printing fake news is not a profitable business model," he posted on X.

- Financial struggles -

Baron, the Post's former executive editor, said that Post owner Bezos had resisted "brutal pressure" from Trump in the past, but it was battered by "ill-conceived decisions that came from the very top."

Bezos reined in a liberal-leaning editorial page and blocked an endorsement of Democratic presidential candidate Kamala Harris days before the 2024 election -- breaking the so-called firewall of editorial independence, and seen as bowing the knee to Trump.

In response, loyal readers "fled the Post. In truth, they were driven away," Baron said.

The Wall Street Journal reported last month that 250,000 digital subscribers left the Post after it refrained from endorsing Harris and the paper lost around $100 million in 2024 as advertising and subscription revenues fell.

In May 2024, Post publisher Will Lewis told staffers the paper lost $77 million over the preceding year and lost half of its audience since 2020.

In stark contrast, The New York Times announced Wednesday that it gained more than one million digital subscribers in 2025, bringing its total to nearly 13 million and confirming its dominant position in the US media market.

W.Darwish--DT