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.

A wave of layoffs in the US is anticipated to continue until 2025, affecting major industries including tech, media, and finance. Microsoft, Amazon, BlackRock, and several other companies are planning significant workforce reductions.

The Washington Post has started laying off roughly 4 percent of its work force, the company said on Tuesday, as the newspaper struggles to stem millions of dollars in annual losses.