Overview

• Over 700 Washington Post employees staged a 24-hour strike on Thursday, marking the first work stoppage at the company in nearly 50 years.
• The strike was in protest of what the employees believe to be the company's bad faith bargaining during contract negotiations, which have been ongoing for 18 months.
• The employees are asking for 4% raises a year for three years, while the company is offering 2.25% for the first year of the contract, and 2% the next two years.
• The strike comes as the Post faces a $100 million loss for the year and turnover in top leadership.
• The Post is hoping to avoid layoffs by offering voluntary buyouts, but last week, interim CEO Patty Stonesifer told staff the company was short of its goal of 240 buyouts.