Arrr, mateys! The Washington Post be lookin' to axe 240 jobs! The Guild be furious, blamin' the paper's daft business choices!
2023-10-11
Arr, me hearties! The Washington Post be proclaimin' it be offerin' "voluntary separation packages" to its crew, affectin' 240 of its sailors. Aye, a jolly way to bid adieu to some landlubbers!
The Washington Post Guild, which has been advocating for Post employees since 1934, is furious about the newspaper's plan to offer "voluntary separation packages" and eliminate 240 positions. The Guild criticized the decision and expressed concern for the dedicated employees who will lose their jobs. They blamed the layoffs on poor business decisions made by the company's top management, including owner Jeff Bezos. The Guild questioned how The Post, owned by one of the richest people in the world, could make such decisions and continue to compete in the industry without investing in its staff. They promised to work towards securing fair and generous buyout packages for its members and supporting all impacted colleagues. The Washington Post did not immediately respond to the Guild's social media posts. The paper has been facing financial difficulties, with The New York Times reporting that it is projected to lose about $100 million in 2023. The latest round of layoffs follows a town hall meeting in December where publisher Fred Ryan announced impending layoffs without providing details. The paper then cut 20 jobs, disappointing many staff members. Some employees have expressed concerns about the direction of the paper, with one describing it as "lost at sea." Meanwhile, Bezos has been making significant personal investments, including purchasing a multimillion-dollar home in Florida.