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Tom of Temecula

(1,087 posts)
Wed Dec 6, 2023, 09:18 AM Dec 2023

Washington Post journalists plan 24-hour strike amid prolonged contract talks

(Reuters) -Unionized journalists at The Washington Post said they would stage a 24-hour strike on Thursday to protest staff cuts and what they call management's failure to bargain in good faith in contract talks that have stretched on for 18 months.

The planned one-day walkout would mark the first general work stoppage at the Post since the bitter, 20-week pressmen's strike of 1975-76, when Katharine Graham was publisher, according to union officials.

The latest labor clash comes a little more than a month after William Lewis, former publisher of The Wall Street Journal, was named chief executive and publisher of the Post as the venerable Washington daily newspaper was projecting a year-end loss of $100 million. Lewis is due to take charge on Jan. 2, 2024.

The Post is one of many news outlets struggling to devise a sustainable business model in the decades since the internet upended the economics of journalism and digital advertising rates plummeted.

https://news.yahoo.com/washington-post-journalists-plan-24-230931370.html

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Washington Post journalists plan 24-hour strike amid prolonged contract talks (Original Post) Tom of Temecula Dec 2023 OP
As the 3rd wealthiest person in the world, $100 Million is pocket change for Jeff Bezos. Fla Dem Dec 2023 #1

Fla Dem

(23,557 posts)
1. As the 3rd wealthiest person in the world, $100 Million is pocket change for Jeff Bezos.
Wed Dec 6, 2023, 10:51 AM
Dec 2023

He needs to put some of that change and more into shoring up the The Washington Pos.

With a net worth of about US$170 billion as of November 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021, according to both the Bloomberg Billionaires Index and Forbes.
Jeff Bezos - Wikipedia
Wikipedia
https://en.wikipedia.org › wiki › Jeff_Bezos

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