Jeff Bezos-owned WaPo launches 'substantial' layoffs and shuts down its sports department

Source: Business Insider

Jeff Bezos is the owner of The Washington Post. Thomas Fuller/SOPA Images/LightRocket/CHANDAN KHANNA/AFP/Getty ImagesJeff Bezos' Washington Post is laying off a "substantial" number of staffers as part of a strategic reset. Executive editor Matt Murray said Wednesday the layoffs would touch "nearly all news departments.