Bezos Fires Washington Post Staff While Yacht Cruises Past Newsroom
KEY POINTS
- â˘Jeff Bezos, worth $261 billion in 2026, cut hundreds of Washington Post jobs after a $77 million loss in 2023.
- â˘While slashing staff, Bezos funded a $500 million superyacht and spent $75 million on an Amazon-backed Melania documentary.
- â˘Post editor Matt Murray described cuts as 'essential reinvention' as the paper pivots to topics like politics and wellness.
Jeff Bezos, currently worth $261 billion and hosting lavish Venetian weddings while partying in St. Barts, is cutting hundreds of Washington Post jobs after the paper posted a $77 million loss in 2023. Meanwhile, Bezos' 'Melania' doc got $75 million Amazon backing, and his 417-foot superyacht cost a cool $500 million. Despite Bezos' net worth swelling by $55.4 billion since 2024, he fired the very reporters including the one covering Amazon itself. Post editor Matt Murray calls this cruel pruning a 'reinvention,' which about sums up the paradox of billion-dollar news cuts while billion-dollar toys sail around. Reminder: owning the biggest money truck doesn't mean you want to pay for fuel.
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Jeff Bezos just downsized the Washington Post newsroom while funding a superyacht the size of a small country. Reporting costs too much? Maybe journalism should come with a yacht party admission fee.
Saving a newspaper doesnât mean keep firing the staffâitâs like buying a bakery and only selling all the ovens.
Bezos spending $75m on a Melania doc but cutting reporters is the richest episode of 'Americaâs Got Priorities' yet.
Source: Businessinsider | Published: 2/4/2026 | Author: Peter Kafka
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