The Washington Times Fires 40% Of Staff
*period*
percent of its workforce, as part of a major overhaul that will also
see the paper distributed for free in some places.
In a statement, the Times' president and publisher, Jonathan Slevin,
said the cuts were part of a strategy to transform the paper into a
21st century media company.
"We have developed plans to secure our position and advance our vital
role in an evolving media marketplace and through challenging economic
times," he said.
Acknowledging the tough times being experienced in the media industry
and economy as a whole, Slevin said future plans had to be constrained
by "current marketplace realities."
"In this regard, the company is aggressively working to achieve
efficiencies of scale that must include significant staff reduction of
its 370 personnel."
Politico newspaper reported that the figure represents around 40
percent of the Washington Times workforce.
The announcement also included a new circulation model, under which
the paper will be distributed for free to "targeted audiences in the
branches of the federal government as well as at other key
institutions."
Home or office delivery will be available at a "premium price" while
single-copy sales at newspaper boxes and retailers will continue
unchanged.
Also Wednesday, The Miami Herald said it was eliminating 24 posts
worldwide and reducing some newspaper production working hours in a
bid to survive the economic crisis.
"The move is part of our ongoing effort to ride out this unprecedented
period of economic turmoil," publisher David Landsberg wrote in an
e-mail to newspaper staff.
"While we are seeing some signs of improvement on the horizon, we
expect operating conditions to remain challenging through much of
2010."
Owned by US newspaper publisher McClatchy Company, The Miami Herald
reduced its workforce by 19 percent in March, dismissing 175 staff.
US newspapers are grappling with declining print advertising revenue,
falling circulation and the migration of readers to free news online,
while several major US publishers have declared bankruptcy.
buzz
> The Washington Times will lay off 370 employees, reportedly around 40
> percent of its workforce, as part of a major overhaul that will also
> see the paper distributed for free in some places.
> In a statement, the Times' president and publisher, Jonathan Slevin,
> said the cuts were part of a strategy to transform the paper into a
> 21st century media company.
My my, must be that Hussein job stimulus working.
Barack Hussein Obama...MMM MMM MMM
Send HIM to Pakistan to fight Osama...MMM MMM MMM
Simple-minded dummycrats (the party that birthed the KKK) and
liberals...morons electing morons.
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