The Washington Post closes its gambling business and fires 20 journalistic employees

The Washington Post closes its gambling business and fires 20 journalistic employees

The Washington Post, a major media company, has started laying off workers, beginning with closing its gaming department and removing at least 20 positions from the newsroom.

Executive editor Sally Buzbee said that the "newsroom management made these choices following a considered and deliberate examination of our present responsibilities and open positions" in an email to the employees that Axios was able to obtain.

"To lessen the effect on workers, we gave the reduction of vacancies first priority. Additionally, since they do not directly support our competitive requirements, we are removing the jobs that are now occupied "Buzbee wrote.

Launcher, The Post's online gaming division, and KidsPost have been terminated.

After Jeff Bezos, the founder of Amazon, made a surprise visit to the company's headquarters last week, the layoffs began.

The Washington Post Guild organization has informed its members that The Post had started the hiring process.

"We consider any job cuts at this time to be unacceptable, even if the number of individuals impacted is allegedly far lower than what Publisher Fred Ryan first suggested in his layoff announcement at the town hall meeting last month. The value must be zero "said the Guild in a statement.

For $250 million, Bezos acquired The Post, "expanding its coverage regions and adding journalistic staff."

But during the last year, commerce has slowed.

Ryan informed the team last month that layoffs will take place to "put our firm in the strongest position for future development." Late last year, the newspaper closed its Sunday magazine and let go of 11 newsroom staff members.

The magazine has had difficulty growing its subscription business; last year, it had fewer paying members than the three million it expected to have in 2020.

There have also been layoffs at other media organizations including CNN, Vox Media, Adweek, NBC News, Vice Media, and others.