Gannett Layoffs Could Claim Thousands of Jobs
Another round of Gannett layoffs coming
After several large rounds of layoffs in the past couple of years, Gannett layoffs will continue. The nation’s largest newspaper company will eliminate up to 4,500 jobs sometime in the next few days, reports the Wall Street Journal. However, the number of layoffs has been reported by [...]
What Effect Will Kindle DX Have on Newspaper Industry?
Reserve Kindle DX on Amazon
A new version of the Kindle, Amazon’s “wireless reading device,” will be available for sale this summer, but you can reserve one starting today. It’s called the Kindle DX, and it’s bigger — size-wise and storage space-wise — than the original Kindle.
Kindle DX has a viewing [...]
Lexington Herald Leader Caught in McClatchy’s Wave of Layoffs
Newspaper conglomerate has master plan
The Lexington Herald Leader is the latest McClatchy newspaper to get swept up in economic turbulence. The Kentucky newspaper on Monday laid off 49 full time employees and 4 part-time workers.
The layoffs are part of McClatchy’s overall effort to eliminate about 15 percent of its total [...]
Anchorage Daily News to Eliminate 45 Positions
Print news headed downhill
The Anchorage Daily News, Alaska’s largest newspaper, says it will cut 45 jobs from its payroll, about 17 percent of the staff.
The Anchorage Daily News is owned by McClatchy, one of the United States’ largest media conglomerates. CNN.com wasn’t kidding in its headline “Bad News Days for [...]
Four Newspapers Headed for Dire Straits
More closures to come
Some major newspapers have closed down recently, and it looks like they won’t be alone. Even the second-largest paper in California, The San Francisco Chronicle, is talking about the possibility of closing down or moving to an online-only operation.
24/7 Wall Street has several predictions about which papers [...]
Money Problems Cause Demise of Rocky Mountain News
Last issue to be printed Friday
The Rocky Mountain News, a 150-year-old daily newspaper in Denver, will shut down operations and cease printing after tomorrow’s edition.
The paper has tried since December to find a buyer, but after that failed, owner EW Scripps decided it was time to bid farewell.
The long run
The [...]
Newspapers cut daily delivery instead of getting payday loans
Two major Detroit newspapers in need of extra cash are putting an end to daily home delivery. Too bad payday loans can’t help them out. The Detroit Free Press and the Detroit News will continue to print every day, but home delivery will be limited to three days a week.
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