Fresno Bee Announces Layoffs for 63 employees

Business News         |   Watch Video Above for More Information on this Story   |

In a memo to employees Wednesday, publisher Will Fleet said the cuts will occur in all departments.

Fleet says online readership is growing and circulation of the print edition is strong. But he says advertisers have been spending less during the recession, necessitating the move.

The cuts by the paper are part of a plan by its owner, McClatchy Co., to eliminate 15 percent of its work force. Union members agreed to take pay cuts of up to 6 percent earlier in the week in exchange for fewer layoffs.

Employees in all departments earning more than $35,000 a year will have their pay cut between 4 percent and 10 percent starting next month.

-----------------------------------------------------------------------------------------------


abc30 News Links:
Links to other news sections on our website.

-----------------------------------------------------------------------------------------------

Breaking News Alerts:
Click Here to Sign-Up for Breaking News E-Mail Alerts
Receive Breaking News alerts in your email inbox.


Click Here to Sign-Up for Text Message Alerts
Receive Breaking News alerts right on your cell phone.


-----------------------------------------------------------------------------------------------
Copyright © 2024 KFSN-TV. All Rights Reserved.