SAN JOSE, Costa Rica (AP) — A respected English-language newspaper in Costa Rica has laid off its entire 16-member staff and ended its print edition, citing its inability to withstand a long-term drop in advertising revenues.
Tico Times editor David Boddiger says the paper's former staff members are working on a volunteer basis to keep the newspaper running exclusively as a website.
He says the Times was badly hurt when real-estate advertising aimed at U.S. expatriates dropped off sharply in the wake of the global financial crisis. He also says the Times could not transition quickly enough to the demands of Internet readers.
The paper published its last print edition Friday after 56 years of reporting that included stories on environmental violations and the civil war in neighboring Nicaragua.