Washington Times to Wipe Out Staff

As predicted, The Washington Times is making huge cuts to their staff of nearly 400. In a surprise staff meeting, TWT President Jonathan Slevin announced the upcoming layoffs. Shortly after, the paper distributed a press release (after the jump) announcing “a significant staff reduction.”

“Changes at the Times are rooted in a rigorous business analysis, applying sound and tested financial principles, and shaping plans informed by current marketplace realities,” said Slevin. “In this regard, the company is aggressively working to achieve efficiencies of scale that must include significant staff reduction of its 370 personnel.”

Sources

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