Will Lewis, the Publisher and CEO of the Washington Post, resigned on Saturday evening. He had worked at the newspaper for two years. His time was marked by problems and job cuts.
Lewis’s resignation came after many staff members were laid off. More than a third of the newsroom lost their jobs. This happened after his plans for new ideas did not work. The paper lost millions of pounds in the last few years. At one point, losses reached £100 million.
Jeff D’Onofrio, the paper’s chief financial officer, will take over as acting CEO. Many people in the newsroom felt lost during Lewis’s time. He did not take part in important meetings or address readers about their concerns.
Just one day after his resignation, Lewis was seen at a Super Bowl event in California. Many journalists had written letters to Jeff Bezos, the owner of the Washington Post, asking for help. They wanted to stop job cuts and find stability for the paper. Bezos did not reply to their letters.
Vocabulary List:
Resignation /ˌrɛzɪgˈneɪʃən/ (noun): The act of resigning from a position or office.
Staff /stæf/ (noun): The people who work for an organization or business.
Job cuts /dʒɑb kʌts/ (noun): Reductions in the number of staff employed by an organization.
Concerns /kənˈsɜrnz/ (noun): Worries or issues that someone has about a particular situation.
Stability /stəˈbɪlɪti/ (noun): The state of being stable or steady; absence of change or disruption.
Losses /ˈlɔːsɪz/ (noun): The amount of money lost especially in business.
