Saturday, June 24, 2006

Buyouts and Layoffs

Romenesko reports that The Dallas Morning News is preparing to offer buyouts to 50, and one source has indicated the number could be much higher, of its employees as part of a restructuring plan that will increasingly focus on the newspaper's Web presence.

The Bello Corporation, which owns 11 daily newspapers in Texas, California and Rhode Island, earlier this month laid off 60 employees at The Press-Enterprise in Riverside, California and rumors are that The Providence Journal in Providence, Rhode Island will face a similar downsizing of staff.

The news come on the heels of the announcement made earlier this week that Sun Media Corporation is eliminating 120 jobs across its Canadian enterprises. 30 of the positions to be cut will be at the "company's flagship paper, the Toronto Sun" and will affect "reporters, editors, photographers, librarians, researchers, freelancers and some managers."

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