By: E&P Staff
Orlando Sentinel Publisher Kathy Waltz announced staff cuts across all departments today.
In a memo to employees posted on the Poynter Institute’s Romenesko site, Waltz wrote that “2004 hasn’t shaped up to be the recovery year we hoped,” and, as a result, the paper is eliminating 11 open positions and cutting 9 staffers. Many employees were transferred to other positions, said Waltz. Those who were laid off will receive benefits and career transition services.
The Sentinel employs roughly 350 people.
The paper is also shuttering Apartments.com magazine, though keeping the Web site. Those staffers working on the product will be deployed to other positions in the advertising department.
Waltz signed off her memo by explaining the tough times Tribune, which owns the Sentinel, is facing. “As most of our employees are shareholders, I know everyone wants to see an upward swing in the stock price. I understand the short-term impact this will have on many of us, but in the long run it will help us increase productivity and contribute to an improved financial position.”
There are rumblings that Tribune-owned Newsday will face similar layoffs later this week, according to The New York Times.