Star Tribune to eliminate 100 jobsThe Star Tribune will eliminate 100 full-time jobs companywide in the next two months, including 30 jobs in the newsroom
By: By Leslie Brooks Suzukamo, St. Paul Pioneer Press, Superior Telegram
The Star Tribune will eliminate 100 full-time jobs companywide in the next two months, including 30 jobs in the newsroom, the Minneapolis-based newspaper told its employees today.
The Minneapolis-based newspaper is looking for more savings after emerging from bankruptcy on Sept. 28 with its debt pared to $100 million, down from $480 million.
"The cracking of our historical economic model and the current Great Recession have forced us to move quickly to make meaningful and difficult adjustments over the next few months," Star Tribune board chairman Michael T. Sweeney said in a memo to employees.
The cuts mean a 10 percent reduction in the newsroom staff of 290, but they will not be immediate, Editor Nancy Barnes said in a separate memo to staff. Managers will look at how to adjust its processes for handling news over the next two months and outline a buyout plan, she said.
Today's announced cuts are deeper than the 15 expected in the newsroom by the Minnesota Newspaper Guild, which represents 275 newsroom employees at the Star Tribune, said Graydon Royce, a guild leader and theater critic for the newspaper.
The St. Paul Pioneer Press, owned by Denver-based MediaNews, has recently asked its unions -- including the Guild -- for concessions.
-- Copyright (c) 2009, Pioneer Press, St. Paul, Minn./Distributed by McClatchy-Tribune Information Services.