Berliner Boersenzeitung - Bezos-led Washington Post announces 'painful' job cuts

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.

(S.G.Stein--BBZ)