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Jun 26, 2008

Baltimore Sun Media Group to eliminate 100 jobs

The Sun reports that the Baltimore Sun Media Group, which publishes The Sun and community newspapers, will eliminate 100 jobs by early August to cut costs and stay competitive, Publisher Timothy E. Ryan told employees yesterday in an e-mail.
The company said it plans to reduce the 1,400-person work force through voluntary buyouts, layoffs, attrition and by closing open positions.
A majority of the cuts are expected to come from the newsroom.
"In the face of today's tough economy, adapting to consumer trends while maintaining our fiscal strength is proving to be even more difficult, yet even more critical," Ryan said. "By adjusting our business model and redesigning our core publication, we expect to stimulate readership growth and improve our financial performance."
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