Magazine article Editor & Publisher

'Star-Tribune' to Cut 145 Jobs, 50 in Newsroom

Magazine article Editor & Publisher

'Star-Tribune' to Cut 145 Jobs, 50 in Newsroom

Article excerpt

The Star-Tribune in Minneapolis revealed it would cut 145 positions companywide, a 7% cutback, with about 50 jobs lost in the newsroom.

In a story posted shortly after a 3 p.m. meeting with staffers, in which Publisher Par Ridder revealed the plan, the paper stated most cuts would come through voluntary buyouts, adding that "reducing costs is necessary to adjust to a rapidly changing media environment."

"Revenue has been declining since 2004 and we need to respond to that reality," Ridder said in a prepared statement, according to the story. "The newspaper business model has changed and this restructuring will allow us to align more resources with what readers and advertisers are demanding from us. Through this process we will be increasing resources focused on local content and advertising products, in both print and online."

The publisher, who had led the rival St. Paul Pioneer Press and took over the Star Tribune after it was sold to investors Avista Capital Partners, stressed that the paper's cutbacks are being duplicated throughout the industry.

"The buyout and layoff program is just one of many efforts being made by the Star Tribune to reduce expenses throughout the business," the paper stated in its story. …

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