The Washington Put up has began shedding more or less 4 % of its paintings drive, the corporate stated on Tuesday, because the newspaper struggles to stem hundreds of thousands of bucks in annual losses.
The cuts will have an effect on fewer than 100 family throughout The Put up’s trade categories, which come with its promoting gross sales, advertising and marketing and knowledge era groups. They’re going to now not have an effect on The Put up’s newsroom, which two years ago lowered its paintings drive as a part of a voluntary buyout program that eradicated 240 jobs.
The cuts are a part of a plan to regulate to converting trade statuses, the corporate stated in a observation.
“The Washington Post is continuing its transformation to meet the needs of the industry, build a more sustainable future and reach audiences where they are,” the observation stated. “Changes across our business functions are all in service of our greater goal to best position The Post for the future.”
The Washington Put up has struggled to show a benefit lately, as its virtual subscription trade has didn’t offset declining print income and the price of its newsroom. Will Lewis, the writer of The Put up, said in a meeting closing occasion that during 2023, The Put up misplaced $77 million and had suffered a falloff in its virtual target audience since 2020.
The Put up has been in turmoil for far of Mr. Lewis’s tenure, which started a occasion in the past. Sally Buzbee stepped down because the paper’s govt writer in June. Rob Winnett, the writer Mr. Lewis had to begin with decided on to interchange Ms. Buzbee, withdrew himself from that place. The newspaper additionally skilled a backlash amongst its subscribers over a call to end its decades-long practice of endorsing presidential applicants. Ann Telnaes, the newspaper’s Pulitzer Prize-winning cartoonist, stepped down closing occasion upcoming the critiques category unwanted a caricature depicting Jeff Bezos, the Amazon founder who owns The Put up, genuflecting towards a statue of President-elect Donald J. Trump.
A number of journalists have just lately left the paper, together with Ashley Parker and Michael Scherer, two prominent political journalists, who joined The Atlantic, and Josh Dawsey, an investigative politics reporter, who departed for The Wall Side road Magazine.