Several hundred employees of the Washington Post, one of the most prestigious dailies in the United States, will strike for one day on Thursday, their union announced, denouncing management’s unwillingness to “negotiate in good faith,” AFP and Agerpres reported.

The shutdown comes after 18 months of fruitless negotiations over a new agreement that specifically addressed wage or telecommuting requirements; and after management at the magazine, owned by billionaire Jeff Bezos, warned that further layoffs were possible.

“This historic decision is not one we have taken lightly,” the Washington Post Guild said in a letter to readers Tuesday announcing the strike.

Management, he said, “refused to negotiate in good faith and interrupted — repeatedly and illegally — negotiations on key issues, including wages, employee mental health support and voluntary redundancies.”

The Washington Post Guild represents about 1,000 of the paper’s editorial and support staff, according to its website.

In October, the newspaper noted that the company had about 2,500 employees in relation to plans to voluntarily lay off 240 people.

The traditional American press has been facing difficulties for several years in the context of a sudden drop in readership in favor of social media platforms.