The Washington Post announced it will lay off nearly 100 workers, or 4% of its staff, in an attempt to stem growing losses, according to media reports. The cuts reportedly will affect mainly employees on the business side of the storied US newspaper owned by Amazon founder Jeff Bezos.

The Washington Post said on Tuesday it would lay off about 4% of its workforce or less than 100 employees in a bid to cut costs, as the storied newspaper grapples with growing losses. The newspaper is making changes across several business functions,

The Washington Post on Tuesday laid off roughly 100 employees across its business division, the latest indication of the newspaper’s financial woes after subscribers and staffers revolted over owner Jeff Bezos’s decision to block an endorsement of Vice President Kamala Harris.