Washington Post Downsizing

Washington Post is planning to lay off 54 employees, after losing 45.4 million in value, with shares dropping by $6.57 in the 4th quarter of 2012.    That’s for the company as a whole.   The print version of the newspaper is doing worse, losing 12 percent of advertising dollars.  This loss was partly made up by the online paper, and Slate.

Keep up the good work, boycotters.   The lamestream media needs to pay for abdicating its role of policing the activities of government.