Tuesday, December 2, 2008

Pensacola News Journal cuts 8 percent of workforce

The Pensacola News Journal eliminated 21 full-time and seven part-tine jobs Tuesday, part of a response to declining advertising revenue from three key client sectors.

President and Publisher Kevin Doyle attributed the revenue slump to depressed real estate and automobile sales markets and to rising unemployment that is impacting classified ad sales.

“The economy is not very good in this area, and it’s been hit worse here than just about anywhere in the country,” Doyle said.

Gannett Co., which owns 85 newspapers, including the News Journal, announced in late October that its newspapers would cut about 10 percent of its workforce by mid-December because of the nationwide economic downturn.

The News Journal’s staff reductions ended up at less than that — at about 8 percent. The total employment is now about 325.

The cuts, which are permanent, affected four major News Journal departments — the Information Center (newsroom), Advertising, Marketing and Circulation.

}}} full story {{{

No comments: