The Washington Post is laying off roughly 100 employees -- or about 4 percent of its workforce -- the Jeff Bezos-owned outlet said on Tuesday

The Washington Post said on Tuesday it would lay off about 4% of its workforce or less than 100 employees in a bid to cut costs, as the storied newspaper grapples with growing losses. The newspaper is making changes across several business functions,

The Washington Post is cutting about four percent of its workforce on the business side of the company, a spokesperson for the newspaper confirmed on Tuesday.

The Washington Post announced that it is eliminating less than 100 positions, in layoffs that will impact about 4% of its total staff. A Post spokesperson indicated that the job reductions would be in the business side of the publication.

The Washington Post on Tuesday began informing staff that it would be cutting 4% of its staff, impacting fewer than 100 roles across business functions. Why it matters: The cuts come amid an unprecedented number of newsroom defections and anxiety around expected leadership and structural changes,