The Washington Post, owned by billionaire Amazon founder Jeff Bezos, announced major job cuts Wednesday, saying that “painful” restructuring was needed at the storied newspaper.
The newspaper, which gained legendary status when its reporting helped bring down President Richard Nixon in the Watergate scandal, will see “substantial” reductions in its newsroom, Executive Editor Matt Murray said.
The shrinking of The Washington Post comes as major traditional media outlets in the United States face…
