Sacramento Bee loses another 87 employees
The Sacramento Bee reports that 87 of its employees have accepted buyouts. The offers follow a round of layoffs and buyouts in June, which affected 86 employees.
McClatchy, which owns the Bee, has seen overall revenue fall 15 percent in 2008 so far, and its stock has fallen 85 percent over the past year.
Sacramento Bee Publisher and President Cheryl Dell said it was not certain whether or not more staff cuts would be needed.
To read more, click here.
McClatchy, which owns the Bee, has seen overall revenue fall 15 percent in 2008 so far, and its stock has fallen 85 percent over the past year.
Sacramento Bee Publisher and President Cheryl Dell said it was not certain whether or not more staff cuts would be needed.
To read more, click here.

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