Newspapers Reveal Plans to Cut Payrolls
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The San Jose Mercury News plans to lay off as many as 101 employees over the next two months to cut costs and make up for declining advertising revenue, the paper said.
The company will eliminate 41 newsroom positions -- about 15% of its editorial staff -- by Dec. 19, with the rest of the cuts coming from other departments. The job cuts in San Jose come after MediaNews Group Inc. acquired the Mercury News from McClatchy Co. in August.
Also, the new publisher of the Philadelphia Inquirer and the Philadelphia Daily News told employees that layoffs were “unavoidable.”
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