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Jeff Bezos' WaPo reeling from losses and 'internal drama' as Trump returns to DC: report

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The Washington Post, owned by Jeff Bezos, is reportedly facing significant financial losses and internal turmoil as former President Donald Trump returns to Washington, D.C. According to a report by Semafor, the newspaper has seen a decline in both its audience and revenue, with digital ad revenue dropping by 30% in the first quarter of 2023. This financial strain has led to layoffs and a reduction in the newsroom staff, with the Post now employing fewer journalists than at any time since the Watergate era. Internally, there's dissatisfaction with the leadership of interim CEO Patty Stonesifer, who has been criticized for her decisions on staff cuts and her perceived lack of understanding of the newsroom's needs. Amidst these challenges, the Post is also dealing with the political implications of Trump's return, which could potentially exacerbate the paper's difficulties given its past coverage of Trump.

Read the Full MSN Article at:
[ https://www.msn.com/en-nz/politics/government/jeff-bezos-wapo-reeling-from-losses-and-internal-drama-as-trump-returns-to-dc-report/ar-BB1ri75b ]