Magazine article Editor & Publisher

'Boston Globe,' 'Telegram & Gazette' Cut Staff

Magazine article Editor & Publisher

'Boston Globe,' 'Telegram & Gazette' Cut Staff

Article excerpt

The Boston Globe and its sister paper the Worcester Telegram & Gazette announced buyouts to 80 employees.

The Globe is targeting 60 employees and the Telegram & Gazette is looking for 20 buyout volunteers.

In a memo to staff, New England Media Group head Steve Ainsley wrote, "This reduction in staff is a difficult but necessary step toward our ongoing goals of reducing costs and finding efficiencies that allow for the long term health of our business."

Employees who work at Boston.com and GlobeDirect are ineligible.

The New York Times Co., the parent of both newspapers, recently took a non-cash impairment charge of $18.1 million citing the Telegram & Gazette and the company's investment in Metro Boston.

A full copy of the memo, first posted on Romenesko, follows:

**

To: Everybody by Servercc:Subject: Memo from Steve Ainsley

Dear Colleagues:

As part of a company-wide effort to achieve greater operational efficiencies, we will be offering voluntary buyouts to employees of The Boston Globe and the Worcester Telegram & Gazette. Boston Globe employees will receive offers next week. Telegram & Gazette employees will receive offers the following week. Boston.com and GlobeDirect employees are ineligible for this program.

We are expecting a total reduction of 80 positions, with approximately 60 from the Globe and roughly 20 from the T&G. This reduction in staff is a difficult but necessary step toward our ongoing goals of reducing costs and finding efficiencies that allow for the long-term health of our business.

As you all know, these are difficult times in the newspaper business. The good news is that our on-line revenue continues to grow although not yet at a scale that offsets the downturn in print.

Going forward our newspapers must continue to adapt to changing patterns of media consumption while our on-line business expands our capabilities to present high quality news and information in new formats and new platforms. …

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