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The Washington Post announced that it’s offering voluntary buyouts to its staff in an effort to slash its workforce by 240.

In an email to the newsroom’s workforce of roughly 2,500, interim CEO Patty Stonesifer said that the nearly 10% staff reduction comes after two years of being “overly optimistic,” at a time when WaPo’s newspaper is set to lose $100 million by the end of the year, according to the New York Times.

WaPo is looking for ways “to return our business to a healthier place in the coming years,” Stonesifer wrote in the memo sent Tuesday.

A staff meeting is planned for Wednesday morning to discuss what Stonesifer called “difficult news.”

The details of the so-called “voluntary separation packages” weren’t immediately clear, and will be offered to workers in specific jobs and departments, WaPo reported.

“To be clear, we designed this program to reduce our workforce by approximately 240 employees in the hopes of averting more difficult actions such as layoffs — a situation we are united in trying to avoid,” Stonesifer wrote.

A WaPo spokesperson told The Post that the headcount reduction “puts us in a strong place for 2024 and beyond.”

“This decision is still difficult knowing some of our valued colleagues may choose to leave at the end of the year,” the spokesperson added.


  The Washington Post’s interim CEO Patty Stonesifer sent a staff-wide email notifying the paper’s workforce of 2,500 that the company plans to cut roughly 10% of its staff after two years of being “overly optimistic.” The Washington Post via Getty Images The Washington Post’s interim CEO Patty Stonesifer sent a staff-wide email notifying the paper’s workforce of 2,500 that the company plans to cut roughly 10% of its staff after two years of being “overly optimistic.” The Washington Post via Getty Images

WaPo said the announcement caught workers off guard, especially since the Jeff Bezos-owned organization already sacked 20 journalists earlier this year.

The Washington Post Guild, the union representing staffers, said it learned of the buyouts when the staff-wide email was sent out, and blasted the move in a thread on X, formerly Twitter.

“We are infuriated about this decision and concerned for our dedicated, brilliant colleagues. Today’s announcement comes after at least 38 people were laid off over the last year,” penned the union, which represents more than 1,000 WaPo employees.

“We cannot comprehend how The Post, owned by one of the richest people in the world, has decided to foist the consequences of its incoherent business plan and irresponsibly rapid expansion onto the hardworking people who make this company run.”

The union added that it hopes the newsroom explores other cost-cutting measures, like “reductions to executive salaries and the company’s outside counsel, Jones Day, who has aided The Post in its lengthy, ongoing contract fight against its own employees.”

In January, the company culled its newsroom staff and did not fill another 30 vacancies in the wake of declining ad revenues and readership, the paper said at the time — when then-publisher Fred Ryan vowed that WaPo’s head count woud remain the same or be higher by the end of 2023.

The latest move to reduce headcount makes it unclear if Ryan will make good on his promise.


  Amazon CEO Jeff Bezos bought WaPo in 2013 for $250 million. Getty Images Amazon CEO Jeff Bezos bought WaPo in 2013 for $250 million. Getty Images

Since Bezos bought WaPo in 2013 for $250 million, the newspaper has turned a profit every year.

But the subscription boom that the newspaper enjoyed during the years President Donald Trump was in office has faded, according to the New York Times.

Revenue fell in 2021, spurring rumors of the impending layoffs.

WaPo readers weighed in on the move on social media.

“I will never celebrate people losing their jobs. But this didn’t just happen on its own,” shared user Kenny Webster, who identifies himself as a news radio broadcast person on X.

“Over the past decade we all watched the WashPost transform its from a real news outlet to a Leftist propaganda piece and this was the result: 240 jobs lost,” Webster added.

“Won’t miss one of them,” another bold commenter chimed in.

“Democracy doesn’t die in darkness,” wrote politician John Anthony Castro in reference to the 146-year-old paper’s motto.

“It’s dies with stupidity. Stupidity in attacking patriots putting their lives and fortunes on the line to do the right thing and hold Trump accountable to the law.”

“Choose a side and stick to it,” Castro added of WaPo’s coverage, which has both bashed Republicans who have used “mechanisms … to overinflate their findings” and called for President Biden to drop out of the 2024 presidential race.

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