Washington Post Layoffs Blamed on Losses That Amount to Rounding Error for Bezos

The Washington Post, one of the largest newspapers in the U.S., announced on Wednesday that it is laying off a third of all staff — a move that owner Jeff Bezos could prevent personally without his net worth changing in any meaningful way. As of Wednesday, Bezos’s net worth was listed as just under $249 billion by Forbes. Just last year, he spent an estimated $50 million on his wedding.

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