The Washington Post is closing down three of its national bureaus in New York, Los Angeles and Chicago.
"The Washington Post, in a significant retrenchment, is closing its remaining US bureaus outside the capital area," the Washington Post said in a report.
While the six correspondents who were working in the said bureaus would retain their jobs, three new assistants would lose their jobs.
Quoting its Executive Editor Marcus W Brauchli, the newspaper said "the fact is, we can effectively cover the rest of the country from Washington."
The cost cutting initiative comes as The Washington Post Co's newspaper division, lost $166.7 million in the first three quarters of this year.
Brauchli further said, "We are not a national news organisation of record serving a general audience. Nor are we a wire service or cable channel," adding that The Post's strength is to view issues through a "Washington prism".
Over the past decade, The Post has shuttered bureaus it once maintained in Austin, Denver and Miami as the US media industry has witnessing a significant decline in advertising revenue and as well as circulation in recent years.