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Monday, April 27, 2009

More trouble at the News-Times?

Only in Bridgeport has the latest on the financial troubles at Hearst papers...and it's not good news for the News-Times.
Lots of trepidation in the Connecticut Post newsroom. On Friday the paper cut loose Business Editor Pam Dawkins, reporter Aaron Leo and tech editor Todd Hollis among 44 layoffs impacting Hearst-owned papers in Bridgeport, Greenwich, Stamford and Danbury.

Greenwich, Stamford and Danbury pubs took the biggest hit in the latest round of layoffs. The larger issue in the Bridgeport newsroom is what will come down the road as a Hearst letter to employees announced another round of 80 layoffs on the horizon. It sucks to report and write with the layoff guillotine poised. Hearst owns a juicy triangle of papers in the wealthiest county in the country with a bottom line to prioritize in a languishing print media industry.

With the state of the economy being the way it is, and the rapid decline in print media readership, expect more layoffs on the horizon.
Hearts plans to eliminate another 80 positions within the next three months.

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