Saturday, March 7, 2009

Tri-City Herald announces cost-cutting measures

The Tri-City Herald announced a wage cut for employees and other changes on Friday as the newspaper responds to reductions in advertising caused by the national recession.

Readers also are seeing changes as the Herald has reduced pages as businesses have reduced advertising, which provides most of the newspaper's revenue. The Herald prints an approximate mix of 58 percent news and 42 percent advertising each day.

Three Herald employees who work in its commercial printing division, which prints products for other businesses, were given layoff notices Friday. The Herald has 202 employees.

Other changes, including the wage cut, are planned that will save enough money to retain 34 employees, said Publisher Rufus Friday.

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