'Daytona Beach News-Journal' Cuts 39 Jobs

By: Joe Strupp Owners of the Daytona Beach (Fla.) News-Journal have cut 39 jobs companywide, including 14 in the newsroom, the newspaper reported Wednesday.

The News-Journal Corp. said in a story that the cuts were in response to continued "disappointing advertising revenue."

"We had hoped . . . our ad performance would have started to stabilize by this time, but we have not seen any signs of improvement, yet," James Hopson, chief executive manager, said in an e-mail to employees, according to the story.

The cutbacks spanned not only the newspaper but also the company's Pennysaver publications and Complete Phone Book. Departing workers were offered a severance package that included one week's pay for each year of service, the story said.

One year ago, the News-Journal laid off 41 employees, while 98 were let go in June 2008, the paper noted. The company now has 483 employees.


No comments on this item Please log in to comment by clicking here