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☆ The Washington Post publisher disclosed the paper lost $77 million last year. Here’s his plan to turn it around
  + stars: | 2024-05-23 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +5 min
Lewis’ plan, however, included more than just revamping The Post’s subscription offerings. While The Post clearly plans to bet big on infusing its products with A.I., it wants to emphasize the human element of its journalism. Whether the multi-pronged initiative is enough to turn The Post around, of course, remains to be seen. But the new publisher voiced confidence that these measures will put The Post on track for success. “I really hope at some point in the future, when you look back on this day,” he told staffers, “it’s actually quite a significant day in the history of our company.”
Persons: Will Lewis, strode, Lewis, “, ” Lewis, I’m, Axios, we’ve, ” Karl Wells, Lewis ’, Vineet Khosla, ”, Sally Buzbee, Kathy Baird, “ it’s Organizations: New York CNN, The Washington Post, Brit, Apple, POLITICO, Silicon Locations: New York
☆ Washington Post begins layoffs
  + stars: | 2023-01-24 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +3 min
CNN —The Washington Post on Tuesday became the latest media company to conduct layoffs, people familiar with the matter said, a move that publisher Fred Ryan had indicated last month the newspaper would take in early 2023. But The Post said at the time of Ryan’s announcement that it anticipated the layoffs being in the “single digit percentage” of its workforce. The Post also stressed the layoffs would ultimately not result in a “net reduction” of its workforce as it would invest in other areas. Ryan’s December announcement about future layoffs prompted fury inside the Post newsroom, nearly a dozen employees at The Post told CNN at the time. “The mood is really grim,” one staffer had told CNN.
☆ VIDEO: Washington Post staffers shouted at the CEO after he announced layoffs but refused to say who will get the boot
  + stars: | 2022-12-15 | by ( Britney Nguyen | ) www.businessinsider.com   time to read: +4 min
A video shows Washington Post staffers shouting at the company's CEO at a town hall meeting. Gowen said the video is from a colleague, and she took it from the Washington Post Guild's chat. At the town hall, Ryan said job cuts will probably be in the "single-digit percentage." The Washington Post Guild did not immediately respond to Insider's request for comment ahead of publication. "The Washington Post is evolving and transforming to put our business in the best position for future growth," Kathy Baird, chief communications officer at The Washington Post, said in a statement on Tuesday.
☆ The Washington Post will conduct layoffs as it reorients company for future, its publisher says
  + stars: | 2022-12-14 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +3 min
New York CNN —The Washington Post will conduct targeted layoffs in the coming year as it reorients itself for the future and reinvests in other areas, publisher Fred Ryan told staffers in a contentious town hall Wednesday, people familiar with the matter told CNN. Ryan’s Wednesday town hall had been hotly anticipated in the newsroom after the decision to cut the Sunday magazine. “Democracy Dies in Darkness, right?”Ryan, however, walked off stage as he was peppered with questions, people familiar with the matter told CNN. “We are not going to turn the town hall into a grievance session,” Ryan said. “I’m sorry, thank you.”When one staffer asked for additional details about the impending layoffs, Ryan said, “We will have more information as we move forward.”
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