Thursday, May 28, 2009

Layoffs v. buyouts: the manager's dilemma

Bethany Horne writes:

When the time comes to lay the axe to newsrooms that owners consider bloated, an editorial manager must make many tough choices, one of which goes like this. Experienced journalists have institutional memory, a fine-tuned news sense, and a larger base of knowledge to draw on. Younger journalists come to the job with experience in newer forms of journalism, and web-ease.

As the "perfect storm" of financial difficulties and Internet-age expectations blows at the door of traditional media, newsrooms managers are hedging their bets about which age group to value most.

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