NEW YORK — The Washington Post plans to cut 240 jobs through the offering of voluntary buyouts, the newspaper announced Tuesday. In an email sent to staff, interim CEO Patty Stonesifer said that The Post had been “overly optimistic” about growth projections for the past two years and into 2024. She added that the company was taking the voluntary buyout …
'The Washington Post' will cut 240 jobs through voluntary buyouts Enlarge this image toggle caption ERIC BARADAT/AFP via Getty Images ERIC BARADAT/AFP via Getty Images The Washington Post plans to cut 240 jobs, or almost 10% of its workforce, through voluntary buyouts. The Post had been "overly optimistic" about its growth in readership, subscriptions and ads for the past two …
General Motors Co on Monday said it had cut several hundred full-time contract workers over the weekend including at its engineering hub in suburban Detroit, the latest effort by the U.S. automaker to streamline operations. GM said in April that about 5,000 salaried workers had opted for buyouts to leave the company. CEO Mary Barra said in a memo to …
