Seattle Times Co. Cuts 10% of Workforce | Adweek Seattle Times Co. Cuts 10% of Workforce | Adweek
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Seattle Times Co. Cuts 10% of Workforce

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The Seattle Times Co. is cutting 130 to 150 staff positions through a combination of buyouts and layoffs, The Seattle Times reported Monday.

The reduction is about 10 percent of the paper's work force and is occurring seven months after a similar round of cutbacks, the paper added.

"In a memo to staff, Seattle Times Publisher Frank Blethen and President Carolyn Kelly blamed the moves on industry changes and the worldwide financial crisis," a story said. "They said the company needs to adjust to structural changes that have reduced advertising revenue in all media. Even the growth of online revenue