Washington Post to Lay Off Nearly 100 Staffers

The Washington Post announced it will lay off nearly 100 workers, or four per cent of its staff, in an attempt to stem growing losses.

According to the BBC, the cuts reportedly will affect mainly employees on the business side of the storied US newspaper owned by Amazon founder Jeff Bezos.

The publication is among many news outlets struggling in the digital age as a growing number of online platforms compete for advertising revenues.

The layoffs, announced on Tuesday, come at a time of turmoil at the company after Bezos broke with tradition and blocked an endorsement of Vice President Kamala Harris ahead of the US presidential election in November.

Two-hundred-and-fifty-thousand of its readers cancelled their subscriptions in protest.

In 2023, the Washington Post reported losses of US $77 million and falling readership on its website.

That same year, the newspaper announced it was offering workers voluntary buyouts in a bid to cut headcount by 10 per cent.