Wednesday, July 25, 2012

NEW: Worcester Telegram, Boston Globe Facing Layoffs

The Boston Globe and Worcester T&G are facing layoffs and buyouts, affecting a total of about fifty employees between the two markets. Both newspapers are owned by the same media group which is a subsidiary of the New York Times Company.

With newsrooms across the nation are shrinking their staff as advertising revenue and circulation continue to fall, Assistant Professor of Journalism at Northeastern University, Dan Kennedy, says that it’s hard to tell when the layoffs will stop. On June 6 2012, the newspaper industry made 600 layoffs in one day - not an industry record.

http://www.golocalworcester.com/business/new-worecster-telegram-boston-globe-facing-layoffs/

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