By: The Anchorage Daily News says it will cut its staff and reduce wages in a nationwide effort by its owner, The McClatchy Co., to cut $110 million in expenses to offset declining revenue.
Publisher Patrick Doyle informed employees of the reductions in a letter Thursday.
Forty-five staff positions will be cut, or about 17 percent of the newspaper's workforce. It will be accomplished by mid-April through a combination of buyouts, layoffs and the elimination of vacant position.
The cuts will come from every department, from news, circulation and production to advertising.
In addition, Doyle says the paper will impose pay cuts ranging from 2.5 percent for lower-paid employees to 10 percent for the highest paid.
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