Paper Cuts

Layoffs are expected to rock The Washington Post this week, according to people familiar with the matter.

The layoffs are slated to hit the Jeff Bezos-owned and Will Lewis-led newspaper's business division, I’m told. One person familiar with the matter said that the cuts will be deep, impacting many dozens of employees.

The layoffs will surely deplete morale further inside the beleaguered newspaper, which has suffered a talent exodus over the last several weeks. As I reported earlier, star reporter Josh Dawsey will exit The Post for a job at The Wall Street Journal. His departure comes on the heels of other top staffers fleeing, including Matea Gold, Ashley Parker, Michael Scherer, Charles Lane, Tyler Pager, and Amanda Katz.

A spokesperson for The Post didn’t have an immediate comment. But The Post has been in poor financial shape in recent years, a fact that management has not hidden from employees. Those financial problems were exacerbated when Bezos blocked The Post’s planned endorsement of Kamala Harris ahead of the November election, a move that led to more than 250,000 readers canceling their subscriptions.