The Washington Post laid off hundreds of employees on Wednesday, which its former executive editor said “ranks among the darkest days” in the newspaper’s history. Approximately one-third of employees were affected.

Staffers at the Post have been on edge for weeks about the rumored cuts, which the publication would not confirm or deny. “It’s an absolute bloodbath,” said one employee, not authorized to speak publicly.

During a morning meeting announcing the changes, editor in chief Matt Murray told employees that the Post was undergoing a “strategic reset” to better position the publication for the future, according to several employees who were on the call.

Murray acknowledged that the Post has struggled to reach “customers” and talked about the need to compete in a crowded media marketplace. “Today, the Washington Post is taking a number of actions across the company to secure our future,” he said, according to an audio recording of the meeting.