More good news...

Layoffs impending at the Herald-Tribune in Sarasota. This story details several others in that region of Florida, though how many are new and how many are just recaps I'm not sure.

http://www.heraldtribune.com/article/20070712/BUSINESS/707120739

 

F it, more bad news. Was surprised to see the Bradenton Observer has suspended publication. They had an ad on Jjobs.com about this time last year. That means someone was in the door less than a year when they went under. Damn.

 

"The St. Petersburg Times plans to eliminate 80 to 90 jobs by the end of 2007, primarily through attrition. The newspaper also discontinued its Citrus County edition."

Whoa, Nellie! Isn't this the paper that supposedly is the model for saving daily print journalism? By being "non-profit" and all, operated by Poynter Institute?

It looks like most newspapers are becoming non-profits now, whether by design or not, and that none of them is above the cutting and the slashing.

And this: Shrinking a workforce by attrition is like shrinking it by buyouts -- other than some retirees, you end up losing the people who are most employable. The low producers and goldbrickers tend to hang on for lack of opportunities elsewhere.

 

Bullshit. The profits just aren't high enough.

 

Maybe true today. But, you don't need a line graph to figure out the future.

 

Does that just mean buyouts/encouraging early retirement?

 

That's a lot of jobs to let go unfilled, as in forever. This is a place that doesn't require 20 percent profits. Or even 10 percent.