Perspective: Do The Washington Post's losses justify its layoffs? [Yahoo! Finance]
New York Times Company (The) (NYT)
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Source: Yahoo! Finance
In the past three years, The Washington Post has lost more than employees and subscribers: It lost $277 million, according to a report from The Wall Street Journal. That makes the Post's cumulative losses more than what Jeff Bezos paid for the newspaper when he bought it in 2013. The Journal's reporting, attributed to anonymous “people familiar with the matter,” provides context to recent layoffs that shrunk the editorial staff by more than 30% and cuts in its coverage, including that of books and sports. The layoffs were widely decried by other media outlets and analysts; The New Yorker, for example, published an article, written by former Post editor Ruth Marcus , called “ How Jeff Bezos Brought Down The Washington Post .” Similarly, The Atlantic published “ How Jeff Bezos Broke The Washington Post .” A protester holds a cutout of Jeff Bezos' face outside of the Washington Post office following a mass layoff, Thursday, Feb. 5, 2026, in Washington. | Allison Robbert Last w
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- New York Times (NYSE:NYT) was upgraded by analysts at Argus to a "strong-buy" rating.MarketBeat
- Warren Buffett's company invests in the New York Times six years after he sold all his newspapers [Yahoo! Finance]Yahoo! Finance
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