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2h ago

Washington Post Leaders Defend Cuts After Report of $100 Million 2025 Loss

Executives say a yearslong gap between costs and revenue requires a shift to fewer, more distinctive stories to reach break-even.

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Jeff Bezos, founder of Amazon.com Inc., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. The forum brings together leaders in business, sports, culture, and technology. Photographer: Eva Marie Uzcategui/Bloomberg via Getty Images
One Franklin Square, home of the Washington Post newspaper in downtown Washington, Wednesday, Feb. 4, 2026.

Overview

  • - The Wall Street Journal reported the Post lost more than $100 million in 2025, following roughly $100 million in 2024 and $77 million in 2023.
  • - In a staff meeting, interim CEO Jeff D’Onofrio said expenses exceeded revenue from 2022 to 2025, as story output fell 42% since 2020 while 2025 newsroom costs were 16% higher than in 2020.
  • - Earlier this month the Post eliminated more than 300 newsroom jobs and shuttered its sports and books desks as part of a broad retrenchment.
  • - Executive editor Matt Murray called the overhaul a strategic reset toward “distinctive, urgent, must-read” coverage, saying the paper is not trying to be a paper of record and is targeting stability and then break-even.
  • - Reporting has tied significant subscription cancellations in late 2024 to changes in endorsements and opinion positioning under Jeff Bezos, intensifying scrutiny of leadership decisions.