More than 1,000 jobs eliminated in 2 months
In the last half of 2007, I counted more than 2,000 layoffs and buyouts in the newspaper industry. In the first two months of 2008, that count has easily exceeded 1,000; the bulk of those announcements came in February. Exact numbers at eight papers are unknown, so the month’s total will be even higher than the 859 recorded now.
That’s an average of more than 20 jobs disappearing per day.
2008
1
Mar
- Posted by Erica Smith at 08:26 pm / Permalink for this post
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Hi! Just found you by way of 30-something bloggers. Former St. Louisan (?) myself. Chicagoan for the past decade. Always a Cardinals fan!
Don’t you think the paper form of the newspaper industry is playing catch-up now? I mean, it seems to me they have been slow at the uptake for this whole thing called “getting your news online” and have yet to figure out how to make money at it. Nevertheless, it’s hard to see change. Especially when it’s feels drastic.
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