Washington, D.C. (AHN) - The Washington Post announced on Wednesday it will shutter its remaining domestic bureaus outside of the nation's capital. The move is being done as a cost save measure in the current economic climate.
Bureaus in New York, Chicago and Los Angeles will all be closed as the daily is refocusing its efforts on covering local news and national politics coming out of Washington. Despite the closing of offices in the U.S. the paper will still keep offices in foreign capitals including Moscow, Berlin and Beijing. Reporters from the three bureaus slated for closing will be reassigned to the capital. Officials from the news institution reveal that the paper will continue to rely on traveling reporters to write about news topics around the country.
The paper admits that the closing of the bureaus means the knowledge and experience accumulated by reporters who live in other regions of the country and come to understand the local issues, personalities and culture will be lost.
Over the last few years the newspaper industry has had to deal with falling advertising revenue. Wednesday's announcement comes on the heels of recent efforts to keep the daily afloat by it undergoing four early retirement buyouts to trim costs and cut staff.
The Post is currently the country's the fifth-largest U.S. daily by circulation. However in the first three quarters of 2009 the daily lost 166.7 million dollars.
Sourceallheadlinenews.com
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