The Washington Post announced it will lay off nearly 100 workers, or 4% of its staff, in an attempt to stem growing losses, according to media reports. The cuts reportedly will affect mainly employees on the business side of the storied US newspaper owned by Amazon founder Jeff Bezos.

The Post team was told the paper is 'no longer promoting the journalism' and focusing 'entirely on talent promotion' under Bezos' leadership.

The Jeff Bezos-owned Washington Post announced layoffs affecting 4% of its workforce, targeting business divisions like sales and IT. The newspaper faces financial losses and talent departures, sparking concerns about its future.