Wednesday, August 27, 2008

News & Observer editor: N&O considering additional cost reductions, including layoffs

John Drescher, Executive Editor at McClatchy's News & Observer, has confirmed the company is considering laying off more employees and cutting other expenses in the face of declining revenues. Fiona Morgan at Indy Week has this:
"We are looking at ways to cut costs, and we're looking at everything," Drescher said. "It's my position that this staff has been cut enough—more than enough."

But revenues are down, Drescher said. And things aren't looking good for the newspaper's parent company, Sacramento-based McClatchy. In June, the company cut approximately 1,400 jobs at its 30 daily newspapers nationwide, including 70 at The N&O.

Drescher said content in What's Up could be folded into the Friday features section. "It's not like we wouldn't have entertainment content in the Friday paper," he said, "but under that proposal it would not be in a tab form."

It's unclear what that would mean for readers or for the venues and events the section frequently covers.

Cash-strapped News & Observer to sell Chapel Hill office
Raleigh News & Observer publisher: "no buyouts announced as of now"
Report: more layoffs at McClatchy's News & Observer in September
McClatchy's Raleigh newspaper to combine coverage with Charlotte newspaper

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