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Washington Post Co. reported a 69% rise in third-quarter profit, as the company reported fewer charges and higher revenue at its education and cable television divisions.

A plan to bring editors and lobbyists to the publisher’s home brought a critical reaction from the newsroom.

Washington Post Co plans to offer a new round of buyouts in 2009 to employees at its namesake, money-losing newspaper and cannot rule out layoffs, its publisher said on Thursday.

The Washington Post plans to fold its business news coverage into the main news section, making it the latest newspaper to reorganize in difficult times for print media.