How billionaire Jeff Bezos is letting the Washington Post go under

She stood symbolically for fearless, critical journalismwho persistently tapped the fingers of the most powerful people in the world: The Washington Post – the largest daily newspaper published in the US capital, founded almost 150 years ago. Its journalists have won a total of 70 Pulitzer Prizes, the highest honor in journalism. Probably the most famous one: the award for uncovering the Watergate scandalwhich forced US President Richard Nixon to resign. It was the only resignation of an American president in US history.

Those days of courageous research are over since Washington Post ownership Jeff Bezos this turned off. When the multi-billionaire took over the loss-making media company in 2013, he initially didn’t get involved. On the contrary, the critical Washington Post experienced it in the Donald Trump’s first term in office a new heyday – with critical articles and texts that approached the Trump administration with due distance.

After that, the number of subscriptions and readers fell, but with moderate restructuring the media company could have gotten the downward trend – which almost all media worldwide are experiencing – under control.

The real turning point came when it became apparent that Trump could win the 2024 elections again: The newspaper was allowed to go there on Bezos’ orders for the first time no choice recommendation for Trump’s opponent Kamala Harris.

In addition, opinion articles were hardly allowed to appear anymore. Only supporters of “personal freedoms and free markets” should have their say. “After that – when the editorial page became much more conservative – more and more people dropped out. That’s an enormous amount of money that we lost,” writes columnist Sally Quinn. Around 300,000 readers have canceled their subscriptions since 2024. Last year alone, the Washington Post’s loss was said to have amounted to around $100 million. With a personal one Assets of more than $200 billion Of course, Bezos could easily pay off the losses in passing.

A third of the workforce is laid off

But now multi-billionaire Bezos is putting the ax to one of the most renowned media houses in the USA: 300 of the Washington Post’s 800 employees are being laid off. Among other things, the entire sports department will be dismantled, and literary reporting will also be deemed unnecessary in the future. The WP’s most important podcast will also be canceled.

By Editor

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