Raleigh, NC, newspaper says it will cut 20 jobs

AP News
|
Posted: May 03, 2011 3:24 PM
Raleigh, NC, newspaper says it will cut 20 jobs

The News & Observer of Raleigh says it will cut 20 jobs as it continues to see a decline in advertising revenue.

The newspaper publisher reported on its website Tuesday that the cuts would affect most areas of the company, including the newsroom. Some cuts will come from employees volunteering to take severance packages; others will be laid off.

Publisher Orage Quarles III told employees in a memo that revenue declines are not as steep as in recent years but are still down from 2010.

The News & Observer is part of the Sacramento, Calif.-based McClatchy Co. McClatchy also publishes The Sacramento Bee, The Miami Herald and six other newspapers in the Carolinas.

McClatchy said overall ad revenue in the first quarter was down 11 percent from a year ago.