Wortel blames the economy...has he considered that newspapers have gone the way of cassettes, VHS and landline phones? Just a thought. ~ Curt
The Star-Telegram announced today that it would be laying off more workers to cope with the continuing slump in advertising revenues affecting the industry.
Publisher Gary Wortel said 45 positions were being eliminated at the company, in addition to several unfilled positions.
The cuts will affect almost every department at the paper, including advertising, news, production and circulation. This is the second job reduction of the year at the Star-Telegram; the first occurred in early February.
"In a sign that the economy hasn't bounced back from the greatest recession of our lifetime, many of our customers -- including major national, retail and real estate advertisers -- have had to reduce their spending. Though we remain optimistic for the long-term, reductions in current expenses are necessary to combat the ongoing weakness of the economy," Wortel said.
Read more: http://www.star-telegram.com/2011/05/11/3067728/star-telegram-announces-layoffs.html#ixzz1MGAUONsP
Publisher Gary Wortel said 45 positions were being eliminated at the company, in addition to several unfilled positions.
The cuts will affect almost every department at the paper, including advertising, news, production and circulation. This is the second job reduction of the year at the Star-Telegram; the first occurred in early February.
"In a sign that the economy hasn't bounced back from the greatest recession of our lifetime, many of our customers -- including major national, retail and real estate advertisers -- have had to reduce their spending. Though we remain optimistic for the long-term, reductions in current expenses are necessary to combat the ongoing weakness of the economy," Wortel said.
Read more: http://www.star-telegram.com/2011/05/11/3067728/star-telegram-announces-layoffs.html#ixzz1MGAUONsP
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