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International Business Times
International Business Times
Bruce Golding

UNCOVERED: Washington post lays off more than 50 employees report - Caught on Camera

Post Jeff Bezos Fred Ryan William Lewis Amazon
Amazon founder and Washington Post owner Jeff Bezos attends the COP26 United Nations Climate Change Conference in Glasgow, Scotland, on Nov. 2, 2021. (Credit: PAUL ELLIS/POOL/AFP via Getty Images)

The Washington Post is laying off more than 50 employees in its standalone software unit in a bid to help satisfy billionaire owner Jeff Bezos' desire to return the storied news outlet to profitability.

The layoffs will eliminate about one-quarter of the Arc XP workforce, the Wall Street Journal reported Monday. The move came after voluntary buyouts reduced the Post's staff by 240, about 10% of the total head count.

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