Fresno Bee Announced More Than 40 Layoffs

June 16, 2008 9:33:21 PM PDT
The Fresno Bee announced Monday it's laying off more than 40 employees. It's part of a bigger cost-cutting plan that's going to affect several valley newspapers.Officials at "The McClatchy Company" the corporation that owns the Bee says the newspaper is making less money because of increased competition and the overall struggles of the economy.

The cuts will come in the advertising, circulation, news, operations and finance divisions of the Bee.

McClatchy will also stop publishing "The Clovis Independent", effective at the end of the month and begin publishing "The Sierra Star" in Oakhurst just once a week.

News and advertising staffing in the Bee's South Valley bureau are being reduced as well.