Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

The Californian reduces work force by 10 percent (1 reason, ads from car dealers down)

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-04-08 04:40 PM
Original message
The Californian reduces work force by 10 percent (1 reason, ads from car dealers down)
The Californian reduces work force by 10 percent
Bakersfield, CA

The Californian and one of its subsidiaries on Wednesday laid off 25 employees, or about 10 percent of its work force, in the face of sharply declining advertising sales. Seven of the jobs lost were newsroom positions.

The move follows the elimination of 40 positions at the company in June 2007. Only 10 of those resulted in actual layoffs.

President and CEO Richard Beene said the cuts were forced not by a declining newspaper industry but by the troubled economy, which he said has slowed more than most had predicted. Ads from car dealerships and department stores are way down, he said.

Publisher Ginger Moorhouse said, “We want this company to survive and succeed, so we have to make the tough choices.”

http://www.bakersfield.com/hourly_news/story/628165.html
Printer Friendly | Permalink |  | Top
Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-04-08 05:01 PM
Response to Original message
1. ripples
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue May 07th 2024, 12:58 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC