Washington Post implements layoffs as flagging publisher struggles to achieve profitability
Fox News
The Washington Post is further shrinking its workforce by laying off a quarter of its Arc XP software unit less than a year after implementing mass buyouts.
The layoffs are set to impact roughly 54 full-time staffers. Joseph A. Wulfsohn is a media reporter for Fox News Digital. Story tips can be sent to joseph.wulfsohn@fox.com and on Twitter: @JosephWulfsohn.
In a memo obtained by the Journal, Arc XP president Matt Monahan told staffers, "To continue this leadership amidst a new wave of change within our industry requires us to act with urgency and think differently."
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