Washington Post editor acknowledges concern over possible 'death spiral' at newspaper after major layoffs
Fox News
Washington Post layoffs reduced staff from 2,500 to 1,300 employees as executive editor Matt Murray cited declining revenues and subscriptions over five years.
Elizabeth Heckman is a writer for Fox News Digital.
Murray added that the Post had been on a five-year trajectory of "losing revenues" and seeing subscriptions "wane."
He said the outlet invested in editing resources and "some areas of coverage" during the coronavirus pandemic in an attempt to adjust to the "new level of normal."
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