The Washington Post is preparing to reduce its staff by 240 employees after the outlet did not meet revenue or subscription expectations in the past several months.
Interim Washington Post CEO Patty Stonesifer announced the staffing cut “across all functions” of the paper in a memo sent out to employees Tuesday, according to multiple reports. The newest cut in staff follows suit to the financial burdens and layoffs other corporate outlets have witnessed in the past year, such as NPR and CNN. The Post currently employs roughly 2,500 staff members.
h/t DS
