McClatchy's Raleigh paper announces layoffs, furloughs

Raleigh News & ObserverMarch 16, 2009 

RALEIGH, N.C. — The News & Observer Publishing Co. Monday afternoon announced it is cutting jobs, cutting pay and requiring unpaid furloughs for its staff as it contends with steep declines in advertising revenue.

The newspaper company, which also owns community publications such as The Cary News and The Herald in Smithfield, will eliminate 78 positions, or 11 percent of its work force. The equivalent of about 27 full-time positions in the N&O newsroom are included.

The N&O will require remaining workers to take a week off without pay between May 1 and Oct. 31.

The cuts were expected and have been telegraphed for weeks after The N&O's parent, The McClatchy Co. of Sacramento, Calif., said it had to pare its business. The newspaper chain is wrestling with a severe drop in revenue as it tries to pay down debt. Cuts have been announced at several McClatchy-owned newspapers, including the Miami Herald, the Fort Worth Star-Telegram and the Sacramento Bee.

Read the full story at newsobserver.com

McClatchy Washington Bureau is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service