Friday, November 20, 2009

Washington Times to lay off staff today

The Washington Times, a daily launched in 1982 by Rev. Sun Myung Moon's Unification Church, is set to lay off much of its editorial and production staff today, according to reputable sources within the paper.

The struggling paper, which reportedly has lost billions of dollars in its 27-year history, may be on the verge of a shutdown within 60 days. The paper may switch to a completely online format, according to insiders.

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