Friday, June 05, 2020

Virginian-Pilot moving print; 132 jobs lost


The Virginian-Pilot (Norfolk) is moving its printing from its Virginia Beach plant to a Richmond Times Dispatch facility, the paper reported. The move will cut 132 full-time and part-time positions, according to an email to staff from Tribune Publishing executive Par Ridder, the paper said.
Chicago-based Tribune Publishing owns the paper.
The change is set for July, the paper said.
“Because we must find cost savings to mitigate the sharp revenue declines we are experiencing, this is the necessary route,” Ridder wrote. “Going forward, we do not expect ad revenue to return to the same levels from before the pandemic so we must continue operating with reduced overall costs.”
The company plans to sell the property in Virginia Beach, the paper said. The company may get working space in the building, Ridder wrote, the paper said.
In January, Richmond-based developer the Monument Cos. bought the Virginian-Pilot’s headquarters, at 150 W. Brambleton Ave., from Tribune Publishing.
News and Tech
at

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.