On August 11, the Lexington Herald-Leader offered buyouts to permanent empoyees -- the 3rd round of job cuts in 2008 at that paper. All full-time employees were offered buyouts at the Modesto Bee on August 18 -- the 4th round of cuts this year. Two days later, buyouts were offered at the Fort Worth Star-Telegram -- the 3rd round of cuts.
So who's next?
One candidate is the News & Observer. G. D. Gearino has been hearing Raleigh's News & Observer will announce another round of layoffs in September. If that happens, expect cuts at the N&O's sister paper in Charlotte, too. I don't have information on any other moves. But given the bleak prognosis an analyst gave McClatchy last week (the analyst said she sees "no signs yet of a bottom" for McClatchy), look for more reductions.
As always, I'll keep you posted on developments.
UPDATED: A commenter predicts another round of cuts at the Modesto Bee:
Round 4 for The Modesto Bee it's not over yet. This is a voluntary buyout the last day being September 5th. The Modesto Bee will definitely see a round 5, Involuntary layoffs. Look for it to happen after September 28th when the Newspaper start's printing in Sacramento. If it happens sooner it wont be no surprise.
UPDATED 8/25/08: Well that didn't take long!
2 comments:
Round 4 for The Modesto Bee it's not over yet. This is a voluntary buyout the last day being September 5th. The Modesto Bee will definitely see a round 5, Involuntary layoffs. Look for it to happen after September 28th when the Newspaper start's printing in Sacramento. If it happens sooner it wont be no surprise.
Where will they cut next? If you belong to a union watch out! The Idaho paper and the Modesto Bee press rooms were the last press rooms to be union and they have "legally" busted us! GCIU? Teamsters? Guild? CWA? I think you know.
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