Friday, February 6, 2009

Post and Courier newspaper announces 25 layoffs as advertising revenue declines

The Post and Courier newspaper announced today that it has laid off 25 employees.

The publisher of the Charleston daily newspaper said he had hoped buyouts offered to employees in July would have prevented the job cuts.

“When we announced a voluntary separation package last summer, we had hoped to avoid this day,” Publisher Larry Tarleton said in an e-mailed statement. “But no one could have foreseen the rapid decline in the U.S. economy that has impacted practically every American business.”

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