{"id":686247,"date":"2026-02-08T00:00:00","date_gmt":"2026-02-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/08\/washington-post-ceo-will-lewis-resigns-days-after-laying-off-one-third-of-its-staff\/"},"modified":"2026-02-08T00:00:00","modified_gmt":"2026-02-08T00:00:00","slug":"washington-post-ceo-will-lewis-resigns-days-after-laying-off-one-third-of-its-staff","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/08\/washington-post-ceo-will-lewis-resigns-days-after-laying-off-one-third-of-its-staff\/","title":{"rendered":"Washington Post CEO Will Lewis resigns days after laying off one-third of its staff"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends, and welcome to the start of a fresh new workweek. <\/strong>As the weather begins to heat up, it seems the news cycle is cooling down. It\u2019s a quiet day on the home front, and abroad, the Washington Post layoffs and BTC\u2019s crash are still dominating headlines. Also in today\u2019s issue: we look at how you can foster a better work-life balance and break down the latest season of Bridgerton.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> \ud83c\udf10 <strong>Just days after the Washington Post laid off a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/05\/finmin-eyes-egp-250-bn-funding-injection-for-key-growth-sectors\/\" style=\"\" rel=\"noopener\">third of its staff<\/a><\/strong>, its CEO Will Lewis stepped down. Lewis has faced criticism from both subscribers and employees after the controversial cut of the newspaper\u2019s workforce. In a message to staff, Lewis explained that after making \u201cdifficult decisions\u201d to ensure the paper\u2019s future, it was the right time to leave. Lewis will be replaced by the paper\u2019s CFO, Jeff D\u2019Onofrio.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^Read more on <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/c8e5ee39j47o\" style=\"\" rel=\"noopener\">BBC<\/a> and the <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2026\/02\/07\/technology\/washington-post-will-lewis.html\" style=\"\" rel=\"noopener\">New York Times<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>After plunging close to USD 69k<\/strong>, BTC is set to drop even further as liquidity reduces and investor concerns remain fixated on inflated tech valuations. The record crash marks a fall of nearly half, wiping out all its gains since hitting a peak of USD 127k last October.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^Read more on <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/bitcoin-loses-trump-era-gains-crypto-market-volatility-signals-uncertainty-2026-02-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> and the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/2b030926-2012-4446-b22d-e549e10e7086\" style=\"\" rel=\"noopener\">Financial Times<\/a>.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong> on today\u2019s top stories from <strong>EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>The Madbouly government is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/08\/egypt-plans-to-end-credit-disbursement-friction-with-new-centralized-industrial-fund\/\" style=\"\" rel=\"noopener\">preparing to bake EGP 250 bn<\/a><\/strong><strong> in concessional financing into the upcoming state budget <\/strong>to support manufacturing, tourism, and exports. This marks an institutional shift, with the possibility of an industrial financing fund to house the initiatives; <\/li>\n<li><strong>Egyptian bank lending is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/08\/rate-cuts-spark-lending-jump-but-margins-come-under-pressure-sp-global\/\" style=\"\" rel=\"noopener\">projected to jump 25%<\/a><\/strong><strong> in 2026.<\/strong> Loan growth is expected to accelerate, and return on equity is expected to normalize at 20% by 2026;<\/li>\n<li><strong>Egypt is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/08\/egypt-builds-new-funding-stack-as-mature-startups-pivot-from-equity-to-institutional-debt\/\" style=\"\" rel=\"noopener\">no longer reliant on the equity-only venture model<\/a><\/strong><strong> that defines much of the African tech landscape<\/strong> \u2014 securing over USD 595 mn in venture funding last year to rank third with a 15% share of the continent\u2019s total funding. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/348.jpg?ssl=1\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Inside Industry day \u2014 your weekly Sunday briefing on all things industrial in Egypt.<\/strong> Inside Industry explores what it takes to turn Egypt into a manufacturing and export powerhouse, from initial investment and planning through product distribution, land allocation, industrial processes, supply chain management, labor, automation and technology, inputs and exports, and regulation and policy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue:<\/strong> We\u2019re taking a deep dive into Egypt\u2019s booming automotive industry, the exciting developments in the works, and what the sector needs to go full throttle. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\u2600\ufe0f<strong>TOMORROW\u2019S WEATHER-<\/strong> We\u2019re in for a particularly warm day in Cairo tomorrow, with the mercury set to peak at a sunny 28\u00b0C before cooling to 16\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends, and welcome to the start of a fresh new workweek. As the weather begins to heat up, it seems the news cycle is cooling down. It\u2019s a quiet day on the home front, and abroad, the Washington Post layoffs and BTC\u2019s crash are still dominating headlines. Also in today\u2019s issue: we look [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":686248,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[8651,928,633,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-686247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-business","tag-employment","tag-enterprisepm","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"c8e4ca6e-7776-44bc-bbf9-fa04d0c4ad57","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/2\/507.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Washington Post CEO steps down days after massive layoffs","related_issue":[686245],"teaser":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Washington Post CEO Will Lewis resigns days after laying off one-third of its staff - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/08\/washington-post-ceo-will-lewis-resigns-days-after-laying-off-one-third-of-its-staff\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Washington Post CEO Will Lewis resigns days after laying off one-third of its staff\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and welcome to the start of a fresh new workweek. 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The coming days will remind us that summer takes its job very seriously, so we hope your AC\u2019s effectiveness justifies the electricity bill. Today\u2019s issue takes a look at the accessory du jour, which we think may be a\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629072,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/renowned-middle-east-historian-bernard-lewis-dies-at-101\/","url_meta":{"origin":686247,"position":1},"title":"Renowned Middle East historian Bernard Lewis dies at 101","author":"enterpriseam admin","date":"21 May 2018","format":false,"excerpt":"Historian Bernard Lewis passed away on Saturday at 101, his lifelong partner Buntzie Churchill confirmed, the Washington Post reported on Sunday. Lewis, \u201ca preeminent scholar of Middle Eastern history whose work profoundly shaped Western views of the region,\u201d is credited with having used the term \u201cclash of civilizations\u201d in his\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/5\/73.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615506,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/19\/this-evening-egypt-may-still-hit-the-18-mn-tourist-target-despite-the-regional-conflict\/","url_meta":{"origin":686247,"position":2},"title":"THIS EVENING: Egypt may still hit the 18 mn tourist target despite the regional conflict","author":"enterpriseam admin","date":"19 February 2024","format":false,"excerpt":"Good afternoon, folks and happy Monday. The news cycle is picking up locally and internationally as we approach our midweek mark. THE BIG STORY TODAY Tourism is off to a good start this year: Tourist arrivals in the first 40 days of this year are up 7% from the same\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/1600-reading-newspaper.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":667063,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/18\/israel-could-resume-natgas-exports-as-soon-as-tomorrow\/","url_meta":{"origin":686247,"position":3},"title":"Israel could resume natgas exports as soon as tomorrow","author":"enterpriseam admin","date":"18 June 2025","format":false,"excerpt":"Good afternoon, all. 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The government is gearing up for the return of ships through the Suez Canal with a USD 1 bn plan to build bunkering stations, two\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/7\/170.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/686247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=686247"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/686247\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/686245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/686248"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=686247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=686247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=686247"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=686247"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=686247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}