A memo to employees sent on behalf of Publisher Gary Wortel lays out the bad news:
Some single incumbent positions will be eliminated and several positions that are currently open will not be replaced. Work groups in several operations and circulation departments will be offered a voluntary separation package today. If enough employees do not take the voluntary option, the positions will be eliminated through the least-tenured employees in those work groups.
Employees will be required to take a one-week unpaid furlough between Feb. 11 and July 31, the memo says.
The Star-Telegram was one of five McClatchy-owned newspapers to introduce a paywall last fall. In an otherwise unhappy third quarter earnings report
, McClatchy President and CEO Pat Talamantes said revenues from the paywalls “will begin to make a more significant impact in the fourth quarter.” In December, the company announced it received more than $38 million from equity investments in 2012
Here's the memo...