"There's no doubt that just the sheer depth of the cuts and also, with that, the reality of what we face at the Post has been a very hard thing to wrap our heads around and to grapple with, Murray said, according to a recording of his remarks obtained by the Guardian."
"The company has been a mess in lots of ways for a long time, but I'm confident stars are aligning in a positive way, he said."
"I'm sure we got some things wrong, but if I look around the room with everybody here, I know we got a lot of things right, he said."
"People are reading [about] Donald Trump, but they also want to escape from Donald Trump, he said."
Matt Murray acknowledged widespread loss and genuine trauma at a town hall after nearly a third of employees were laid off. Management discovered deeper financial problems than expected and used readership data to target cuts across sports, international, local and style sections. Murray said he did not want to litigate past failures and expressed confidence that the organization is now on a path to success. He stated the Post's mission remains unchanged and downplayed subscription cancellations as being within predicted models and expectations.
Read at www.theguardian.com
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