SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 25 Jan, 2023  

Layoff generic THMB The Washington Post lays off 20 newsroom staff, shuts gaming division

Layoff generic
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
IANS | 26 Jan, 2023
Media giant The Washington Post has begun laying off employees, starting with eliminating at least 20 newsroom jobs and shutting down its gaming section.

In an internal note to staff accessed by Axios, executive editor Sally Buzbee said the "newsroom leaders made these decisions after a thoughtful and deliberate review of our current roles and vacant positions".

"We prioritised the elimination of vacancies to minimize the impact on employees. We are also eliminating currently filled positions we concluded are not essential to serving our competitive needs," Buzbee wrote.

The Post has shut down Launcher, its online gaming vertical, and KidsPost.

The layoffs started after Amazon founder Jeff Bezos made a rare appearance at the company's headquarters last week.

The Washington Post Guild union had notified its members that layoffs at The Post had begun.

"While the number of people affected is reportedly far smaller than what Publisher Fred Ryan initially alluded to in his layoff announcement at last month's town hall, we believe any job eliminations right now are unacceptable. The number should be zero," the Guild said in a statement.

Bezos bought The Post for $250 million, "adding newsroom jobs and increasing its coverage areas".

However, the business has stalled in the past year.

Last month, Ryan told the staff there would be layoffs to "put our business in the best position for future growth."

The newspaper shut its Sunday magazine and laid off 11 newsroom employees late last year.

The publication has struggled to expand its subscription business, with fewer paying subscribers last year than the three million it had in 2020.

Other media companies like CNN, Vox Media, Adweek, NBC News, Vice Media and others have also laid off employees.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter