Layoffs hit the Seattle Times
Cory Bergman April 7th, 2008
The Seattle Times announced today it plans to cut 200 jobs out of a staff of 1,845. As you might expect, advertising revenue has dropped significantly over the years. But online advertising revenue also dropped, 6.5 percent over the last year. Online advertising dropping? Sounds inconceivable, but I’m afraid it will become more commonplace for local media, especially TV sites, in the years to come as local advertising becomes more competitive.


1 Comment Add your own
1. Foxy | July 4th, 2008 at 9:19 am
Good Post
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