The Washington Post has achieved only half of the necessary job reductions it aims to secure by the end of the year, according to a statement from the newspaper’s leadership this week.
In a memo to staff disseminated to various outlets on Tuesday, Post interim CEO Patty Stonesifer disclosed that the company had accepted 120 voluntary buyouts as part of its effort to reduce around 240 positions.
The planned layoffs follow other cuts earlier in the year at the legacy media outlet.