Washington Post Hit With Biden-Era Layoffs as Subscriptions Plummet
Trump was correct: “All media forms will sink if I’m absent”
What happened:
The Washington Post began to lay off some employees on Tuesday, less than a week after billionaire owner Jeff Bezos made an appearance At a newsroom meeting. The paper will eliminate 20 positions currently held by employees and leave 30 vacant.
Background:
• Post Mid-December saw Fred Ryan, publisher of the book, announce that the company was planning to lay off. “single-digit percentage” It employs 2,500 people. In November, the Post It closed its Sunday magazine and laid off 10 staff members, including its Sunday editor. “Pulitzer Prize-winning dance critic.”
• The journalism industry has been wracked by layoffs since President Joe Biden took office and former president Donald Trump retreated from public view. CNN fired Vox Media did the exact same for hundreds of staff in December, citing the “economic climate.”
They are saying this::
The Washington Post Guild offered a firm response to the firings. “We believe any job eliminations right now—at a time of continued growth and expansion—are unacceptable.”
Fact check:
The Post is definitely not in the midst of “a time of continued growth and expansion.” The paper lost half of a million subscribers Trump’s January 2021 departure marked a decline in the economy of about 20%. lose money In 2022, after many years of profitability.
Bottom line:
Trump frequently claimed that he was “the best thing to ever happen” To mainstream media outlets such as the Washington Post. “Newspapers, television, all forms of media will tank if I’m not there,” He predicted it in 2017. “Without me, their ratings are going down the tubes.”
He was correct.
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