TWT will keep its President and Chief Executive Officer Larry Beasley (a.k.a. “Evil Santa”) in charge at least until the end of 2015, a new release from the troubled newspaper blares this morning.

This, despite a slew of newsroom layoffs at the beginning of the year.

“Larry has overseen a remarkable transformation of The Washington Times in just nine short months, restructuring key divisions, growing revenues and audience and positioning the company to reach profitability ,” gushed Dr. Michael Jenkins, the head of the Times’ parent corporation, in a release. “His stewardship has ushered in a new era of confidence and growth at the news media company on the basis of more than 30 years of service to our audiences and advertisers. We are very pleased to have him committed to our team for the foreseeable future.”

Beasley was dubbed “Evil Santa” late last year when news of layoffs surfaced around the holidays. In addition, a day after impending layoffs was announced last year, a Santa with the word “JOY” was spotted on an end table in his office. And indeed on Jan. 4, 2013, approximately 25 employees were laid off.

More gushing… Read more