$166 Million In The Hole, Washington Post Closes L.A., Chicago And NYC Bureaus The Washington Post, in a significant retrenchment, is closing its remaining U.S. bureaus outside the capital area. The six correspondents who work in New York, Los Angeles and Chicago will be offered assignments in Washington, while three news assistants will be let go. The money-saving moves, coming on the heels of four rounds of early-retirement buyouts and the closing or merging of several sections, are the clearest sign yet of the newspaper’s shrinking horizons in an era of diminished resources. “The fact is, we can effectively cover […]