The Washington Post laid off 20 staffers on Tuesday, the latest in a series of media and technology companies to cut jobs in the face of a challenging economic climate and continuing declines in advertising revenue and readership.
In addition to eliminating those 20 positions, the company will also keep another 30 vacancies unfilled, a figure less extensive than many had expected. In mid-December, publisher Fred Ryan told staff that the company would eliminate a “single-digit percentage” of its 2,500-person staff because it “cannot keep investing resources in initiatives that do not meet our customers’ needs.”
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Wednesday, January 25 Report this