For employees making over $26,000 a year, wages will be reduced from 2.5% up to 8%.
The Ledger-Enquirer said Tuesday it is cutting its work force for the third time in less than a year as part of a restructuring by its parent firm, The McClatchy Co.
The newspaper will eliminate 20 positions, said Ledger-Enquirer Publisher Valerie Canepa. Thirteen of those positions are open and not being filled. There will be seven layoffs spread across the company, she said.
“These are painful cuts, and we do not like to make them,” Canepa said in a statement. “But advertising revenue continues to decline in a weak economy and we must adjust our operating costs. We reviewed our budget line by line to capture savings in a number of areas. But, unfortunately, it was not enough to avoid further downsizing.”
The Ledger-Enquirer cut 10 positions last June through voluntary buyouts. That included five newsroom employees. In September, it eliminated nine more positions, four of them through buyouts. The rest were open jobs.
The current round of employee cuts will reduce the work force from 179 to 159, or 11 percent, Canepa said. The displaced staffers come from the newsroom, finance, advertising and advertising production departments. No reporters, photographers or outside sales people are being laid off, she said. The layoffs will take place this month and in April.
Some finance and accounting tasks will be moved to the Macon Telegraph newspaper to create a regional finance center, the publisher said, while most advertising production work will be handled in Macon.
This info came to me a week ago by email... odd that the formal announcement was delayed until today. (Photo credit: WestC07 at Flickr)