Daytona Beach 'News-Journal' Announces Layoffs, Plans for Sale

Posted Monday, June 23, 2008 12:00 am

By: The Daytona Beach News-Journal will lay off 99 employees as part of a plan to reduce costs and prepare the company that operates the newspaper for sale.

Bureau offices in Palm Coast, New Smyrna Beach and DeLand will be closed.

The Sunday News-Journal Ideas section also will be discontinued, with its editorial pages moving to the front section of the newspaper.

According to a statement posted Monday on the paper's Web site, News-Journal Corporation and Cox Enterprises are making the changes to make the company more attractive to potential buyers and to strengthen its economic position during a major downturn in the newspaper industry.

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Daytona Beach 'News-Journal' Announces Layoffs, Plans for Sale

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