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05-05/05-06: Camera (Boulder) Lays off 9-of-155 employees

Discussion in 'Journalism topics only' started by Central-KY-Kid, May 6, 2008.

  1. http://www.bizjournals.com/denver/stories/2008/05/05/daily22.html?t=printable

    Tuesday, May 6, 2008 - 11:59 AM MDT
    Boulder's Camera lays off 9
    Denver Business Journal
    Boulder's Camera newspaper has laid off nine of its 155 employees -- 6 percent of its staff -- in response to declining advertising revenues.

    The layoffs include one newsroom worker and eight other employees, the Camera reported Tuesday.

    The nine workers, who were let go Monday, have been offered separation packages.

    "It was an incredibly difficult decision to separate from nine terrific, hardworking and caring employees," Al Manzi -- president of Prairie Mountain Publishing, which publishes the Camera and several other Colorado newspapers -- was quoted in the Camera as saying.

    "The newspaper business is rapidly changing, as is widely reported, and the Camera is not immune to those changes," he said.

    However, he described the Camera's overall business as "healthy" because of growth in readership of its online edition and specialty "niche" publications.

    The Camera reports paid circulation of 30,598 daily and 35,096 Sunday.

    Prairie Mountain Publishing is jointly owned by Denver-based MediaNews Group Inc, which also owns The Denver Post, and Cincinnati-based E.W. Scripps Co., owner of Denver's Rocky Mountain News. It is printed on the same Denver presses as the Post and News.

    Both the Post and the News reduced staffing in recent years.

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    http://www.dailycamera.com/news/2008/may/06/camera-lays-off-nine-employees-monday/?printer=1/

    Camera lays off nine employees | Publisher: No additional cuts planned at paper

    Tuesday, May 6, 2008

    The Camera laid off nine of its 155 employees Monday in response to an industry that company officials say is "rapidly changing."

    The cuts were made across various departments at the newspaper and included one newsroom employee, said Al Manzi, president of Prairie Mountain Publishing, publisher of the Camera, Colorado Daily, Broomfield Enterprise and several other Colorado newspapers.

    Separation packages were offered to all nine employees, Manzi said.

    "It was an incredibly difficult decision to separate from nine terrific, hardworking and caring employees," he said.

    There are no plans for any further cuts at this point in time, Manzi said, adding that the overall business remains healthy through the introduction of niche publications and an increased Web audience. However, Manzi added, a portion of the business has been affected by the nationwide decline in classified advertising sales.

    "The newspaper business is rapidly changing, as is widely reported, and the Camera is not immune to those changes," Manzi said.

    Prairie Mountain Publishing is co-owned by Cincinnati-based E.W. Scripps Co., publisher of the Rocky Mountain News, and Denver-based MediaNews Group, publisher of the Denver Post.
     
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