Wednesday, March 11, 2009

Woodward announces job cuts

Dubuque-based Woodward Communications Inc., the parent company of the Telegraph Herald, on Tuesday announced a companywide workforce reduction and a restructuring of several departments.

Eliminated were 24 full- and part-time positions, or 4 percent of the workforce, involving several corporate divisions. Total employment in the company dropped to 536, from 560 prior to Tuesday.

In addition, Woodward Communications will freeze all employee wages effective April 1.

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