The chief executive of Jeff Bezos' Washington Post held a town hall on Wednesday, informing panicked staff that under ten percent of the workforce would be getting the boot.
Fred Ryan, the paper's CEO and publisher, noted that the the cuts, which will likely affect the newsroom, will take place in the first quarter of 2023.
The announcement comes just two weeks after the paper revealed it would be scrapping its stand-alone Sunday print magazine and ousting 10 newsroom employees plus a dance critic, citing "economic head winds."