Workforce cuts

Further update: N&O shedding 70 jobs, consolidating editions down to two: State and Final. Publishers’ message to staff.

Wow.

Update via the N&O: Serious cuts at the Char-O including 22 newsroom positions.

It was not immediately clear how the N&O will be affected by today’s announcement. More details are expected after affected employees are notified.

At The Charlotte Observer, which McClatchy also owns, publisher Ann Caulkins told staff this morning that newspaper will trim its work force by 123 positions, or 11.1 percent. The cuts will include 22 jobs in the newsroom.

Original post:
McClatchy cutting workforce 10 percent citing slow ad sales.
Then, there’s the matter of all that debt.
Bloomberg says the tally will reach 1400 jobs.