Monday, November 9, 2009

Minneapolis Star-Trib Cuts 100 More Jobs

Star Tribune to cut about 100 jobs
About 30 of the job cuts will come from the newsroom, company officials said.

By JENNIFER BJORHUS, Star Tribune

The Star Tribune is cutting another 100 jobs companywide to further shave costs after bankruptcy. The company's operating committee announced the cuts this morning, saying that the "cracking of our historical economic model and the current Great Recession have forced us to move quickly to make meaningful and difficult adjustments over the next few months."

About 30 of the cuts will come from the newsroom and editorial staff -- about a 10 percent reduction -- Star Tribune Editor Nancy Barnes said. The company said most of the cuts would be completed by the end of the year, but that the 30 cuts to come from the newsroom may take a little longer.

The Star Tribune exited bankruptcy Sept. 28, eight months after falling circulation and ad revenue drove the company's previous owners to seek protection from creditors.

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