Washington Post Plans to Cut Jobs Through Voluntary Buyouts

The Washington Post plans to cut around 240 positions, about 10% of its staff, through voluntary buyouts.
The Post needs to adjust its cost structure after making overly optimistic forecasts for growth in traffic, subscriptions, and advertising revenue.
Buyouts will be offered to avoid layoffs, but details remain unclear which roles will be impacted.
The announcement surprised staff, who thought layoffs were not going to happen, sparking criticism from the employees' union.
The job cuts come amid a difficult media environment, with many companies facing declining revenues and instituting cost-cutting measures.