The Washington Post lost more than $100 million last year, according to people familiar with the matter, financial troubles that contributed to the company’s decision to cut its staff by 30% earlier this month.
The Post lost roughly $100 million in 2024 and $77 million in 2023.
The paper, known in part for its coverage of the Watergate scandal and the Pentagon Papers, has struggled to find a sustainable business model in the face of waning web traffic and changes to the way consumers access news and information online.
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