Report: Dallas Morning News laid off 38 employees on Tuesday

Dallas Business Journal | DMNcuts
Publisher James Moroney III wouldn’t confirm the number to the Business Journal — and I don’t see a story about the layoffs in his paper — but he told the weekly that “we have been aligning our expenses to our revenues throughout the year. We have had a lower total staff count each quarter. And this trend continues.” He adds: “This is the state most metros find themselves … a constant alignment of expenses to revenues … which almost invariably means reducing head count.” On the DMNcuts blog, veteran reporter Lee Hancock tells her colleagues: “It has been quite a 24-year ride (plus one month, two days & four hours — though who’s counting?). I am grateful for the fun it’s mostly been. I hope for better, happier days for all who remain. Off to the next adventure: trying my hand at freelancing & a low-residency MFA program at Bennington College.”

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  • MM

    No word here of the ALM Media layoffs three weeks ago. Might be worth an item: ALM Media the New York based publisher of legal newspapers and magazines laid off 20 people and reinstated 3 day furloughs. In addition two senior VP’s were “retiring” to “pursue other interests.” Word has it that the cause was a decrease in foreclosure notices.