The News & Observer Publishing Co. this afternoon announced it is cutting jobs, cutting pay and requiring unpaid furloughs for its staff as it contends with steep declines in advertising revenue.
The newspaper company, which also owns community publications such as The Cary News and The Herald in Smithfield, will eliminate 78 positions, or 11 percent of its work force. The equivalent of about 27 full-time positions in The N&O newsroom are included.
Tuesday, March 17, 2009
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