The Oklahoman, the largest newspaper in Oklahoma, announced Sept. 4 that the "downsizing" its staff of about 1,100 should be complete by the end of next month.
As with many other newspapers and media outlets, The Oklahoman is offering retirement packages and is also reducing the size of its staff by other means. All told, 150 positions are expected to be eliminated by the end of October, according to David Thompson, the newspaper's publisher.
One hundred two veteran employees who have worked at the paper for 15 years or longer are expected to be offered the retirement packages. They have until Sept. 24 to decide whether to take the packages. Positions in The Oklahoman Publishing Co.'s media division (OPUBCO Communications Group) are also expected to be laid off.
The news comes as many newspaper industries are struggling to maintain print advertising revenue as more advertisers look at Web sites as lucrative mediums to reach larger audiences.
An interesting point is that though The Oklahoman has little competition as far as other Oklahoma City metro daily newspapers, it faces the same pressures as major metropolitan newspapers because of advertising woes, the rise in fuel costs of fuel and newsprint and also the shift from traditional print readers to online readers.
Read more about the specifics the staff reductions here.
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