Staff layoffs, pay cuts at (Raleigh) News & Observer

[wsreader]

http://www.newsobserver.com/business/story/1445149.html

http://www.charlotteobserver.com/breaking/story/601731.html

[Wonderlic]

"We are making our way through difficult times by making difficult decisions," N&O Publisher Orage Quarles III wrote in a memo to employees. "It is never easy to say goodbye to so many of our friends and colleagues, but we must make these additional cuts to sustain our company and adjust to new competitive and economic realities."

Does this publisher actually believe that these cuts will SUSTAIN the company? It's the same song and dance every single effin' time.   

[Riddick]

Next time, try to include some text instead of a bunch of links.

RALEIGH -- The News & Observer Publishing Co. this afternoon announced it is cutting jobs, cutting pay and requiring unpaid furloughs for its staff as it contends with steep declines in advertising revenue.

The newspaper company, which also owns community publications such as The Cary News and The Herald in Smithfield, will eliminate 78 positions, or 11 percent of its work force. The equivalent of about 27 full-time positions in The N&O newsroom are included.

The N&O will require remaining workers to take a week off without pay between May 1 and Oct. 31.

[SixToe]

I'm surprised he did not say "sustain the company and make it leaner, stronger and more able to provide a quality newspaper."

That was the idiotic mantra for a while.

[SEeditor]

Updating:
-- All part-timers on copy desk are gone.
-- Everybody brought in for CCI transition gone.
-- At least one full-timer expected to go from news copy desk/copy editor. If no volunteers for buyout, it goes by seniority.
-- Plus you got the paycuts and furloughs.

[Mark2010]

The publisher's name is Orage Quarles III?

[accguy]

Yep. Rhymes With Orage.

[deskslave]

"We are making our way through difficult times by making difficult decisions," N&O Publisher Orage Quarles III wrote in a memo to employees. "It is never easy to say goodbye to so many of our friends and colleagues, but we must make these additional cuts to sustain our company and adjust to new competitive and economic realities."

Does this publisher actually believe that these cuts will SUSTAIN the company? It's the same song and dance every single effin' time.  

If you read the other McClatchy threads/blogs, you'll notice that this is the same text used in all the layoff announcements.