National Public Radio announced Wednesday that they were cutting their workforce by 7 percent. This in an effort to made their budget, which was projected in July to create a $2 million deficit but, after the steep downturn in the economy, was projected to reach $23 million.
Day to Day and News & Notes will both be cancelled, and other jobs will be eliminated throughout the organization.
E.W. Scripps announced Thursday that they have put The Rocky Mountain News up for sale. According to their web site, The Rocky is Colorado's oldest newspaper, approaching its 150th anniversary.
Scripps has projected a $15 million loss for the paper this year. If a buyer doesn't come forward in the next four to six weeks, it will be shut down. The closing could take place as soon as early 2009.
As expected, the ax fell quickly at The Cincinnati Enquirer this week as its parent company demands mass layoffs before year’s end.
I've been amused by the ads and notices running in The Enquirer lately promoting increased availability of the Nov. 5 Enquirer featuring the front page announcing that Barack Obama had won the presidency. Apparently they've had to go back and reprint more copies of that issue due to local folks' interest in having the paper as a keepsake.
The funny part, of course, is that The Enquirer endorsed John McCain for president. In other words, they told us not to vote for Obama, and after we ignored them and voted for him anyway they now want to sell us the paper that announced they were wrong and we were right. They're also selling coffee mugs and T-shirts printed with that Nov. 5 front page.
Merry Christmas. Now, get out.
A memo sent today from a top Gannett Co. executive indicates layoffs are coming at the company’s newspapers — including The Cincinnati Enquirer — by the first week in December.