Bezos's hands-off ownership and investment payoffs

Jeff Bezos used to be the savior of The Washington Post. He bought it for $250 million in 2013, and then invested money and energy into turning it around — and it worked.
Now the Amazon founder is decimating the Post’s staff, and his managers are telling the ones who are left that things have to change.
So what happened, and what happens next? Erik Wemple is the right person to ask: He spent years covering media at the Post, and now he’s at the New York Times, where he’s covering the collapse of his old home.

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