After offering 413 employees buyouts, A.H. Belo Corporation, the newspaper company that owns The Dallas Morning News, The Press-Enterprise of Riverside, Calif, and the Providence Journal in Rhode Island, announced Sept. 4 its plans to cut more than 80 employees.
The largest amount of employees to be laid off will be at the Morning News (50) then the Press-Enterprise (30) and an unknown number at the Journal.
Belo said in July it would cut 14 percent of the company (roughly 500 employees) because of declining revenue. The target goal is to reduce annual expenses by about $50 million.
The Journal had been considered to be one of the few publications to be doing OK in these dismal times for daily newspapers. While several papers in New England like the Hartford Current, the Boston Globe, the Boston Herald and the Worcester Telegram & Gazette had undergone staff cuts and buyouts while the Journal seemed to be doing fine.
If anything, this may show that intensely focused community newspapers, even mid-size daily metro dailies, fall victim to being owned by larger companies that are struggling.
Read more about the buyouts and staff cuts at Belo here.
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