O to Offer Part-Timers Buyouts--Update--Fred Says Never Mind!Submitted by LynnS on Fri, 05/02/2008 - 9:02am.
The O is chopping at its staff even further. This time it's offering its part-timers buyouts, and not just in the newsroom--building-wide. Details are still being worked out, I'm told. Stay tuned. Update and bump: Word this morning is that publisher Fred Stickel has had "a change of heart" and has canceled the plan. ( topics: Oregonian )
I wonder how much of the bleeding at the O is being caused by the Tribune? I would suspect none. The issues are much bigger than the Tribune, which after all, is slashing costs even more, on a relative basis. Today comes news the Trib is cutting back to a weekly. Time for a "4th Estate Sale" on Craig's list? The Tribune is moving to a once-a-week Thursday print edition and a daily web paper. It announced the change with a self-congratulatory article this morning; once you wade through the back-patting you find this: "In moving to a once a week print newspaper and online daily, we will employ fewer people in some departments. We fully expect that there will be those who will criticize our strategy. Through the years, we have routinely been scorned by some, including bloggers who are prone to vitriolic negativity. Other comments may come from competitors such as Willamette Week – which makes a practice of throwing stones at us and others, but rarely praise. Last October, our company launched a strategic plan that called for doubling readership of our 18 print newspapers over the next three to five years. At the same time, we called for rapid Web growth and investments and a media balance that equally utilized Web and print distribution. In an era of advancing sustainability and increased Web innovation, we are pleased to announce the advent of an even earlier next round of innovative journalism with a continued commitment to grow and invest in the readership of print journalism." Post new comment |
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