The Sacramento Bee is expected to cut as many as 26 newsroom staffers next week. Those that remain will see their paychecks cut by six percent.
*Updated March 9, 5:42 p.m.: The Sacramento Bee will lose 29 newsroom staffers, the paper announced today, and 128 jobs overall. That brings the total number of layoffs to 301 since June.
The cuts are part of a company-wide downsizing plan. Owner McClatchy is slashing 15 percent of its total workforce, or about 1,600 jobs. McClatchy stock was trading at 45 cents this morning.
**Updated: The Fresno Bee is still working on its layoff plan.
Mar 8, 2009
Cuts at the Sacto Bee*,**
Labels:
bad decision-making,
job cuts,
journalism,
mcclatchy,
newspapers,
Sacramento Bee
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