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Richmond Times-Dispatch lays off 59

The Richmond Times-Dispatch revealed on Thursday that it will be cutting 31 open positions and laying off an additional 59 employees from various departments, according to an article posted on the paper’s website.

The layoffs follow numerous actions to reduce expenses (previous elimination of positions, improved operational efficiencies, and reduction in work hours). Loss of advertising revenue, including a changing classified market place, and a difficult economic environment force a reduction in the size of the organization. Following the layoffs, the RTD will have 602 full and part-time employees, compared to last year’s complement of 772 for the same period.

In addition, the article reported that there will be no pay increases in 2009 for employees who are not union members.

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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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