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Washington Post CEO resigns after mass layoffs

NYT: The head of the Washington Post resigned amid the crisis in the publication
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Photo: TASS/AP/Matt McClain
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The Washington Post's CEO, Will Lewis, left his post shortly after extensive staff cuts at the newspaper. This was reported on February 7 by The New York Times (NYT).

The resignation occurred a few days after the dismissal of more than 300 employees, which accounted for about 30% of the editorial staff. In a statement, Lewis called his decision "difficult," stressing that it was made "to ensure the sustainable future of the newspaper." His departure caused a stir in the media community, as it was he who oversaw the reduction program.

Former Washington Post editor-in-chief Marty Baron sharply assessed what was happening, calling the day of layoffs "one of the darkest in the history of one of the world's greatest news organizations."

According to The New York Times, Lewis was appointed CEO in early 2024 by Jeff Bezos, the owner of the publication, with the task of stopping years of financial losses and transforming the business. Jeff D'Onofrio, the newspaper's former chief financial officer, has become the new CEO of the Washington Post.

The Reuters news agency reported on February 4 that The Washington Post had begun large-scale layoffs of employees amid financial difficulties. The start of the cuts was announced by editor-in-chief Matt Murray, noting that the changes would affect all departments of the publication. At the same time, the priority of editorial policy, according to him, will remain the coverage of politics and public administration.

All important news is on the Izvestia channel in the MAX messenger.

Переведено сервисом «Яндекс Переводчик»

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