Anchorage Daily News cuts staff

Employees of the McClatchy-owned Anchorage Daily News received word Thursday that will institute staff cuts and wage reductions in order to cut costs, according to Editor & Publisher.

Forty-five staff positions will be cut, or about 17 percent of the newspaper’s workforce. It will be accomplished by mid-April through a combination of buyouts, layoffs and the elimination of vacant position.

According to the article, the pay cuts will be anywhere from 2.5 percent to 10 percent, depending on the level of pay already received.

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