The Washington Post under Jeff Bezos is hit with crushing layoffs

THIS WEEK THE WASHINGTON THE PRESIDENT AND PO ANNOUNCED A NEW WAVE OF LAYOFFS GUTTING THE VENERABLE NEWSPAPER STAFF BY AT LEAST TO THIRD AND ELIMINATING ENTIRE SECTIONS OF ITS GLOBAL AND METRO NEWS COVERAGE. IN 2013, THE BILLIONAIRE JEFF BEZOS RESCUED THE POST WITH with his $250 million purchase at a time when it was shedding readers, losing millions of dollars and struggling to adapt to the digital age. In his first town hall meeting with the Post staff, Bezos announced, quote, a new golden era for The Was ...