Summary
The CEO of The Washington Post, Will Lewis, has resigned following significant staff layoffs. Jeff D'Onofrio, the chief financial officer, will take over his role. These changes come after the newspaper experienced major financial challenges and declines in subscriber numbers and revenue.
Key Facts
- Washington Post CEO Will Lewis announced his resignation shortly after the company cut about a third of its staff.
- Jeff D'Onofrio, the chief financial officer, will step in as the new CEO.
- The Washington Post is owned by billionaire Jeff Bezos.
- Under Lewis's leadership, the newspaper faced multiple layoffs and lost many subscribers, affecting revenue.
- The newspaper has faced concerns about editorial independence after deciding not to endorse a presidential candidate for 2024.
- Will Lewis attempted to hire Robert Winnett as a top editor, but it did not happen due to past controversies.
- Hundreds of journalists were laid off, including those covering the Middle East and Ukraine.
- The Washington Post Guild criticized Lewis's leadership and urged Jeff Bezos to reverse the layoffs or sell the newspaper.
