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The fate of the Seattle P-I

Reuters reports that employees at Hearst’s Seattle Post-Intelligencer could lose their jobs as early as next week, but there is still no decision on the fate of the 146-year-old Pulitzer Prize-winning paper.
From the story:

“These options exist: 1) Seek buyer. If no buyer, then 2) Go digital, or 3) Close. No decision has been made,” Hearst spokesman Paul Luthringer told the paper. The paper has notified its roughly 170 employees that their jobs will end between March 18 and April 1, but said that it could shut down at any time. Hearst must pay employees through March 18.

About the Author

The Reynolds Center, created through generous grants from the Donald W. Reynolds Foundation of Las Vegas and operated by ASU’s Walter Cronkite School of Journalism and Mass Communication, is dedicated to improving the quality of business and economics coverage through training programs for business reporters and editors.

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