On Wednesday, the dapper and hyper-well-connected Washington Post C.E.O. Fred Ryan stood up before the company’s thousand-plus staff and announced that the organization would be conducting layoffs in the first quarter of next year, resulting in a less-than-10 percent reduction of the workforce. Since Trump left office, and Marty Baron retired from his role as executive editor, the Post has been churning subscribers and losing ad revenue. During the town hall, Ryan told staff that ad revenue was at “recession levels.”
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