Oct 24, 2008

Shrinking in Trenton; Gannett may cut

The Star-Ledger of Trenton, NJ has cut its newsroom nearly in half, mainly through buyouts:
Jim Willse, the Star-Ledger's editor, said Friday that the newspaper accepted 151 buyout offers from its news staff, or about 45 percent of its 334 editorial employees. He said 17 buyout applications were rejected.
Meantime, Gannett today reported weak third-quarter profits and is contemplating more job cuts by the end of the year.

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