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'The Washington Post' Lays Off 30% Of Its Staff

The Washington Post decimated its sports, local news and international teams with a widespread round of layoffs on Wednesday, affecting 30% of its staff, including 300 of the 800 journalists in the newsroom and some people on the business side, The New York Times reports. The Times opines that the cuts are a sign that Jeff Bezos has “not yet figured out how to build and maintain a profitable publication on the internet.”

Read the whole story at The New York Times »

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