The Washington Post is laying off nearly 100 workers, or 4% of its staff, in an attempt to stem growing losses. The cuts will affect mainly employees on the business side of the storied US newspaper owned by Amazon founder Jeff Bezos.

The Washington Post announced it will lay off nearly 100 workers, or 4% of its staff, in an attempt to stem growing losses, according to media reports. The cuts reportedly will affect mainly employees on the business side of the storied US newspaper owned by Amazon founder Jeff Bezos.

The Washington Post said on Tuesday it would lay off about 4% of its workforce or less than 100 employees in a bid to cut costs, as the storied newspaper grapples with growing losses. The newspaper is making changes across several business functions,

The Washington Post is cutting about four percent of its workforce on the business side of the company, a spokesperson for the newspaper confirmed on Tuesday.

The Jeff Bezos-owned paper cuts about 4% of its workforce, with members of its advertising, marketing and information technology teams affected The post Washington Post Lays Off Roughly 100 Employees appeared first on TheWrap.

The Washington Post on Tuesday began informing staff that it would be cutting 4% of its staff, impacting fewer than 100 roles across business functions. Why it matters: The cuts come amid an unprecedented number of newsroom defections and anxiety around expected leadership and structural changes,