Magazine article Editor & Publisher

Texas Two-Step for Hearst Corp

Magazine article Editor & Publisher

Texas Two-Step for Hearst Corp

Article excerpt

Staff cuts made in San Antonio

Trims on the heels of those in Houston

Two years after spending $4.5 million for raises and the hiring of new staff in its newsroom, the San Antonio Express-News is losing about 40 noneditorial employees through buyouts and layoffs, according to Publisher Larry Walker.

Walker said the cutbacks at the Hearst Corp.-owned newspaper are in response to revenue declines that have hit nearly every newspaper in the country. "Nobody's immune to it," he told E&P.

On Sept. 7, each of the paper's approximately 1,000 employees was offered the buyout, which provides two weeks' salary for every year of employment, up to 40 weeks of pay. The deadline for taking the offer was originally Sept. 14, but was extended to Sept. 21 following the Sept. 11 terrorist attacks on the United States. Walker said at least 30 employees had taken the offer, while several others continued to mull the option. …

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