Magazine article Editor & Publisher

Back-End Jobs Reduced at Fidelity's Community - 11.5% of 1,300 Jobs Eliminated

Magazine article Editor & Publisher

Back-End Jobs Reduced at Fidelity's Community - 11.5% of 1,300 Jobs Eliminated

Article excerpt

Seeking to improve its efficiency in the wake of rapid growth, Needham, Mass.-based Community Newspaper Co. cut 11.5% of its full-time positions last week.

The Fidelity Investments-owned company, with more than 100 local papers in eastern Massachusetts, laid off 73 employees and eliminated 47 open positions among its full-time staff of 1,300.

Most of those cut worked in back-end operations such as finance, human resources, systems, and production, and will be eligible to apply for some 55 openings in the company. Another 30 pagination and ad production jobs will be cut by June 1.

An editor at one of the papers said the layoffs won't hurt that paper's ability to cover its community. "We're just as good as we were before," the editor said.

The company also announced it would close its Marshfield printing plant and transfer 25 of its papers to its two remaining, more modern, plants in Auburn and Framingham, completing a long-term plan to go from five plants to two. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.