Posted on 11/30/2005 5:18:44 AM PST by schaketo
The Orlando Sentinel on Tuesday laid off 21 employees throughout the company as it joined other U.S. newspapers struggling to cope with declining circulation and rising costs.
In addition to the layoffs, 33 vacant positions won't be filled.
Tribune Co. owns the Orlando Sentinel and the South Florida Sun-Sentinel.
Newspapers owned by the New York Times Co. and Knight Ridder Inc. also have announced plans to cut jobs.
"We have tried to make changes that will allow us to cut costs," Orlando Sentinel Publisher Kathleen Waltz said. "We simply need to reset our cost structure going forward."
Before the layoffs, the newspaper had about 1,300 employees.
Waltz said newspapers are repositioning themselves as society increasingly turns to the Internet and other forms of media for information.
Newspapers are grappling with two decades of circulation declines that have accelerated in recent years. During the six months that ended in September, daily newspapers' weekday circulation dropped an average of 2.65 percent. The Orlando newspaper's fell 11.1 percent, mostly as the result of a decision to cut back on its distribution to hotel rooms.
Circulation declines are only part of the industry's problem. Newspapers also have lost advertising revenue to the Internet -- and worry that trend is irreversible, though they also have their own growing Web presences.
(Excerpt) Read more at sun-sentinel.com ...
Whadda shame! :-)
MSM can give us positive news.
Affectionately known as "The Orlando Slantinel."
Here it's happening in reverse.....with the same outcome...I hope.....
the demise of the Socialist Democrat Party!!
Journalists lied.
Newspapers died.
Wow!
Not sure what you mean, but no. Itar-Tass is still around. Komsomolskaya Pravda folded --- first when Yeltsin shut it down, and then again when Putin shut down a reincarnated version, but that was for political reasons, not lack of revenue (fwiw, a new version appears to be in circulation at www.kp.ru). And Izvestia remains one of the leading national newspapers.
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