Mar 23, 2009
Layoffs, pay cuts at Oregonian
The cost-cutting announced today at the Newhouse newspapers has hit the Portland Oregonian particularly hard. According to the editor's blog, staffers will see their paychecks reduced by between 5 and 10 percent, with three top editors taking cuts of 15 percent. Staffers will also be forced to take four days of unpaid leave between May and September and have their pensions frozen. Additionally, the paper laid off 24 part-time workers and reassigned 28 others, and is making "significant" but unspecified changes to its circulation and distribution operations.