By: The Register-Guard newspaper is cutting 30 jobs because of what its publisher describes as an unprecedented shortfall in revenue.
Publisher Tony Baker said Wednesday that newspaper revenues have been $300,000 to $400,000 below budget projections each month this year because of the weak economy and a rise in newsprint prices.
Baker said 13 vacant positions will not be filled, and the newspaper is
offering buyout and early retirement incentives. If the company does not
meet its payroll reduction target through those options, layoffs will be
necessary.
The Register-Guard currently has about 260 full-time employees.
The cuts at the Eugene newspaper follow a series of job losses at papers
across the U.S. as the industry deals with slumping ad revenue because of the economy and the Internet.
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