TUESDAY, OCTOBER 23, 2007
Romenesko Memos
Jack Sweeney, publisher of the Hearst-owned Chronicle, writes: "A downturn in our financial performance over the past five years, plus an '08 budget projection with another drop in revenue, sets the stage for a reorganization and, unfortunately, a position-elimination program. A staff reduction in the five percent range, through layoffs and the elimination of open positions, is scheduled for Monday and Tuesday Oct. 29-30."
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Spokesman-Review updates staff, readers on newsroom downsizing (S-R)Posted at 7:38:29 AM
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