Jeff Bezos defends Washington Post layoffs…
Billionaire Washington Post proprietor Jeff Bezos on Wednesday responded to criticism of the brutal spherical of layoffs at his paper earlier this 12 months, saying it wants to preserve relevancy and flip a revenue regardless of his wealth.
Several departments had been gutted, including its sports activities, metro and books sections, as nicely as its international correspondents and photojournalists. The large headcount discount surprised the media industry, although the paper’s heavy financial losses had been no secret.
Bezos sat down with CNBC’s Andrew Ross Sorkin, who bluntly requested, “The…
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