Facing impending layoffs, TWT employees have taken to displaying depressing Charlie Brown Christmas trees in their offices to express the “Bah humbug” lack of holiday spirit in the building.
A quote from the Charlie Brown Christmas special has been internally re-attributed to current TWT chairman Tom McDevitt, the former president who many say ran company finances into the ground to the point that necessitated massive layoffs:
“I killed it! Everything I touch gets ruined!”
A TWT insider told FishbowlDC: “That Charlie Brown quote perfectly summarizes Tom McDevitt’s mismanagement of the Washington Times. He has an amazing anti-business knack for doing the exactly wrong thing 100 percent of the time. McDevitt would find a way to lose seven figures on a sidewalk lemonade stand — and that’s after Mommy and Daddy already paid for the Minutemaid mix and the paper cups.”
Ouch. Touchy stuff.
Under McDevitt’s presidency… TWT burned through what sources say broaches approximately $30 million in the past year and faces tens of millions in red ink annually.