Syracuse newspaper to lay off 115 employees

SYRACUSE, N.Y. — The Post-Standard of Syracuse says it will lay off 115 full- and part-time employees as it moves ahead with plans to combine print and online operations to form two new companies early next year.

http://online.wsj.com/article/APad8eddc03ae94371aa9b6335ac76d526.html

The beginning of the end

Newsweek will publish its final print edition December 31, the company announced Thursday morning. It will launch a subscription product called Newsweek Global, some of whose content will be available on the Daily Beast. A note from Editor-in-Chief Tina Brown lays out the change:

http://www.poynter.org/latest-news/mediawire/192028/newsweek-to-reduce-staff-eliminate-print-edition-as-it-goes-digital-only-in-2013/

Decline in foreclosure notices prompts layoffs at Bend Bulletin

The parent company of The Bulletin newspaper of Bend announced it is reducing employees because of a loss of revenue from foreclosure notices.

Western Communications, which also published the Redmond Spokesman and five other papers, says the cuts affecting less than 10 percent of the company's nearly 400 workers will be accomplished through layoffs and attrition.

http://www.oregonlive.com/business/index.ssf/2012/10/fewer_foreclosures_notices_pro.html

Decline in foreclosure notices prompts layoffs at Bend Bulletin

The parent company of The Bulletin newspaper of Bend announced it is reducing employees because of a loss of revenue from foreclosure notices.

Western Communications, which also published the Redmond Spokesman and five other papers, says the cuts affecting less than 10 percent of the company's nearly 400 workers will be accomplished through layoffs and attrition.

http://www.oregonlive.com/business/index.ssf/2012/10/fewer_foreclosures_notices_pro.html

Media General sells Tampa Trib

Media General Inc. today said it sold the Tampa (Fla.) Tribune, completing its exit from the newspaper industry.

Los Angeles-based private equity investment group Revolution Capital Group purchased the paper and TBO.com for $9.5 million. They will be operated by a newly created local entity called the Tampa Media Group, the companies said.

http://www.newsandtech.com/dateline/article_104e40d4-1183-11e2-b94a-001a4bcf887a.html

Journal Register bankruptcy gets second-day analysis

The Journal Register Company announced it was declaring bankruptcy Wednesday. Digital First Media operates JRC; its CEO, John Paton, said in the announcement that a subsidiary of JRC’s current owners has made a bid for the company, so possibly when the company emerges from bankruptcy it will enjoy the same management, just with less debt. It’s not an easy business move to get one’s arms around. Here are a couple of explainers:

http://www.poynter.org/latest-news/mediawire/187689/journal-register-bankruptcy-gets-second-day-analysis/

Union: Providence Journal plans more staff cuts this month

PROVIDENCE, R.I. (WPRI) – The Providence Journal will cut an undetermined number of employees this month through buyouts or layoffs, according to the largest union at Rhode Island’s statewide daily.

The Providence Newspaper Guild said Friday management has told union officials the paper will offer “a new round of buyouts, and warned layoffs are possible if enough employees don’t accept them.”