AH Belo to lay off some after buyouts fall short
Don Day September 6th, 2008
Newspaper company AH Belo announced it would cut jobs on an involuntary basis after a voluntary buyout process closed. The company will cut 50 jobs at the Dallas Morning News, 30 at the Press-Enterprise of Riverside, CA and an unannounced number at the Providence Journal. AH Belo hopes to save $29 million each year through the job cuts. A total of 413 employees took the voluntary packages.
(Disclosure: I’m employed by AH Belo’s sister company Belo Corp.)
2 Comments Add your own
1. Anonymous | September 8th, 2008 at 7:25 pm
True but you’ve got 15 other jobs to escape to when the rest of it sinks.
2. Anonymous 2 | September 9th, 2008 at 12:19 am
They got enough people to accept the buyouts, but they weren’t all in the right departments.
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