June 4, 2018

The Boston Globe Cuts Staff and Offers Buyouts

The Boston Globe will be offering buyouts to employees in certain departments, reports Media Post. After laying off seven marketing, advertising and non-newsroom employees in late May, the newspaper sent a memo to staff telling them about new cost-cutting measures. Though specifics were not given, buyouts would be offered to employees in the newsroom, advertising and marketing departments. If not enough employees take the buyouts, management will ‘consider all other options, including layoffs.’

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At The Gate: Newspaper Sites Prioritize Metered Content, Again

Ad revenue for newspapers has been falling for years, but the migration of ad dollars, especially to Facebook and Google, are pushing news orgs away from ad-based revenue models.

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