Washington Post Company
ORG
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The Washington Post is planning to cut about 80 jobs, or about 9 percent of its newsroom, over the next year, joining a roll call of major American newspapers reducing editorial positions as the industry continues to face a sluggish advertising environment and declining circulation. The Post last offered buyouts in late 2003, when it reduced its staff by 7 percent. This month, The Post reported revenue of $252.2 million in the fourth quarter of 2005, down 3 percent from a year earlier.