The Washington Post announced that it’s offering voluntary buyouts to its staff in an effort to slash its workforce by 240. WaPo is looking for ways “to return our business to a healthier place in the coming years,” Stonesifer wrote in the memo sent Tuesday. The Washington Post Guild, the union representing staffers, said it learned of the buyouts when the staff-wide email was sent out, and blasted the move in a thread on X, formerly Twitter. Getty ImagesSince Bezos bought WaPo in 2013 for $250 million, the newspaper has turned a profit every year. “Democracy doesn’t die in darkness,” wrote politician John Anthony Castro in reference to the 146-year-old paper’s motto.

Source: Washington Post October 12, 2023 01:07 UTC