Tuesday, February 06, 2007

Dispatch Printing Company has offered voluntary buyouts

The Columbus Dispatch Printing Company has offered buyouts for up to 25 employees in its news-gathering division in an effort to reduce costs. The voluntary program, announced yesterday, would help bring expenses from the news-gathering operations in line with revenues. Newspapers across the country have been grappling with slipping advertising revenue, driven by slowness in the real-estate and automotive sectors as well as retail consolidation. The company expects the buyouts to be completed by May. There are 236 staff members in the Dispatch newsroom.

No comments:

Post a Comment

For now, we're opening this blog to Anonymous comments. This will continue as long as civility rules. Disagree as you may, just keep it clean and stay on topic. No profanity, and no name calling. We reserve the right to moderate such comments, though the person who made it may come back and reword their message in a more civil way.