Posted on 06/12/2008 3:33:19 PM PDT by abb
Struggling Media General sheds 250-260 jobs at Tampa Tribune, other Florida properties
TAMPA, Fla. (AP) -- An estimated 250 to 260 jobs are being eliminated by The Tampa Tribune, WFLA-TV and other Media General Inc. properties in Florida, the company said.
About 200 of the cuts have already taken place or are pending completion of the company's voluntary buyout program, said John Schueler, president of the Florida Communications Group, which oversees the properties.
Schueler said Wednesday another 50 to 60 positions still need to be cut through layoffs. About 120 positions were eliminated earlier this year through attrition and layoffs, he said, and 54 employees were expected to take the voluntary buyout. Another 21 positions were eliminated Tuesday in advertising operations.
Like other media companies, Richmond, Va.-based Media General has been affected by a slowdown in the economy and a drop-off in advertising revenue. It is cutting positions to account for the reduced revenue.
The company's other Florida properties include TBO.com, Centro Grupo de Comunicacion and several smaller newspapers.
Media General, which also publishes the Richmond (Va.) Times-Dispatch and the Winston-Salem (NC) Journal, said last month that it will cut its entire work force by nearly 11 percent by July. It expects an annual savings of $40 million from the job cuts, which began in early 2007.
"There was a land of Publishers and Editors called the Newspaper Business... Here in this pretty world Journalism took its last bow... Here was the last ever to be seen of Reporters and their Enablers, of Anonymous Sources and of Stringers... Look for it only in books, for it is no more than a dream remembered. A Civilization Gone With the Wind..."
With apologies to Margaret Mitchell...
ping
The Trib called the other day and offered me a subscription for a dollar a week.
Note to MSM: Do your job with fairness, humility and integrity and this crap won’t happen. Until then, boo-freakin-hoo.
Amazing photo! Appears to be 3D. By the way, my Trib is late every morning now. Maybe they’re cutting back on the home delivery. I get the Trib mostly for the Sports Pages. Great coverage of the Bucs.
That’s gonna leave a mark.
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