From Editor & Publisher:
The papers are seeking savings in salary reductions, buyout offers and possibly layoffs, the Press Democrat reported.(via FishbowlLA and Romenesko)
The Press Democrat employs 325 people and the move will affect all union and non-union staffers across all departments. The Argus Courier has 16 employees.
A 5% pay cut will go into effect Jan. 1 for managers while non-union employees will experience a 3% reduction in salary. This is in addition to the 2.5% cut instituted in March.