paidContent.org - Newspaper Roundup: Tribune Cuts 11; Bakersfield Cuts 25; Scripps To Sell Rocky Mountain News
Friday, December 5, 2008; 2:07 PM
-- Chicago Tribune cuts 11 jobs: As part of those layoffs, The Tribune Company flagship is also letting its two New York correspondents go. Tribune Editor Gerould Kern said this is probably it for layoffs this year?there's just little more than three weeks to go anyway?but offered no assurances that the bleeding of jobs would stop next year.
-- Bakersfield Californian lays off 25: The local paper, which has been noted for its quick adoption of social net tools a few years ago, is cutting 25 positions after being hit with its steepest revenue drop in years, according to CEO Richard Beene. The Bakersfield Californian also been in the news lately for telling the AP it is considering dropping its wire service after two years. Outlining TBC's prospects through the recession, Beene mentioned the company's high hopes for its partnership with Yahoo (NSDQ: YHOO) and says that the paper's major web redesign will also go forward.
-- Scripps puts 'for sale sign' on Colorado paper (via AP): With losses expected to hit $15 million at its Rocky Mountain News, EW Scripps (NYSE: SSP) is looking for a buyer to take Colorado's oldest daily off its hands. The company, which is also in the process of laying off 400 staffers across its newspaper properties, hopes to find a buyer within the next month.