Tuesday, March 10, 2009

Newspapers plan more cuts to cope with downturn

Hearst Corp.'s deadline to find a buyer for Seattle's oldest newspaper apparently passed Tuesday, meaning the newspaper could announce within days whether to close or continue as an online-only publication with a skeletal staff. Either option comes with major job losses.

Hearst did not say when it would make an announcement, other than to say Wednesday won't be the newspaper's last day of publication. Spokesman Paul Luthringer said only, "We are still examining our options."

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