Newsday to Cut 100 Jobs
Newsday announced plans today to cut 5 percent of its work force, or 100 jobs. All will be offered buyouts. It will also raise newsstand prices for the weekday and Sunday editions as the newspaper grapples with the worsening economy.
In a note to employees, publisher Timothy P. Knight said the union representing newsroom and production workers was informed of the “job reductions” and in the coming days “there will be additional job eliminations across the company.”
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