By: E&P Staff The Dallas Morning News said today it's going to offer buyouts to the newsroom. Details were not disclosed.
"We are launching new products, reengineering our cost structure and reallocating human, financial, and capital resources to match the company's forward strategy, while constantly looking to take costs out of our business overall," Robert Decherd, chairman, president, and CEO of Belo, the paper's parent company, said during Mid-Year Media Review in New York last week. "We are determined to remain the content provider of choice in our local markets and are confident that we have the assets and management talent to succeed."
The Morning News' sister publication The Press-Enterprise in Riverside, Calif., announced in May a sweeping change to its online strategy. Because of the change, the paper said it would cut 80 positions though it was adding 30 to address the new direction.
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