The Washington Post announced on Monday that it will implement another acquisition plan, this time targeting senior employees and employees in other departments.
“Today, we announce that the Washington Post is offering a Voluntary Separation Program (VSP) to news staff and providing services on that post for 10 years or more, as well as all members of the video department and all members of the photorelease and sports copy.”
The memo said the move is part of the Washington Post’s “work to reshape and modernize newsrooms to modernize the current environment.”
Murray continued: “Like the rest of our industry, we are adapting to habits and new technologies that change our news experience. Even if we start creating new departments and welcoming new colleagues to attract new audiences, we must increase staffing flexibility and expand in areas such as audience data and social video.”
Matt Murray, executive editor of The Washington Post, announced a new round of acquisitions, targeting veterans staff. (Robert Miller/The Washington Post via Getty Image)
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Murray told employees that the acquisition plan would end at the end of July.
“With VSP, we will undoubtedly see valuable colleagues and friends deciding to leave the post,” Murray wrote. “But as administrators of this great institution, we all must relentlessly focus on bringing appealing and relevant journalism to an ever-growing audience and bringing it to an ever-growing audience in the way they do in 2025. Given the speed of change in the industry is an urgent and important task for us, the industry’s ever-growing environment, the ever-growing environment and the strength to be achieved and to promote a strong journalism.”
According to the VSP file viewed by Fox News Digital, a base salary of 10-15 years will be provided to staff for 10-15 years, a base salary of 12 months for veterans, a base salary of 20-25 years for veterans and a base salary of 15 months for anyone working in the position for more than 25 years and 18 months. All of them will also receive a 12-month salary in their separate retirement account (SRA).
The Washington Post’s new buyout program is targeting staff who have worked in newspapers for more than 10 years, as well as staff from photocopy stations, video departments and opinion teams. (Jahi Mwandu/The Washington Post via Getty Images)
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A Washington Post employee told Fox News Digital that the new acquisition plan is “sensitive” than previous acquisitions because of its broadness, adding that copy editors are “always targeted” and that they are “always replaced with visibility.”
The staff said: “Who stays or goes.
A Washington Post spokesman told Fox News Digital Numbers, "The Washington Post is continuing its transformation to meet the needs of the industry, build a more sustainable future and engage the audience they are in. This volunteer program is part of our ongoing effort to reshape how we deliver world-class news experience and expand the service of all of our Americans."
In recent years, Jeff Bezos's Washington Post has plagued financial troubles. ((karwai Tang/Wireimage photography) Eric Baradat/AFP via Getty Images)
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The paper “Democracy Dies in the Dark” was laid off earlier this year and the acquisition was implemented in 2023. The Post is reportedly expected to lose $77 million in 2024.
The position has been brilliant in recent months, including the move by Jeff Bezos, the paper’s billionaire boss, who stopped recognizing the position a few days before the former presidential election, just days before the presidential election, his initiative and its initiatives announced earlier this year that earlier this year, ordering “individual freedom” and “individual freedom” and “tolerance market” defense.
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