AP might lose 10% of staff

Editor & Publisher reports The Associated Press President and CEO Tom Curley told employees the company could  "lose" 10 percent of its staff by the end of 2009.  But the staff reductions will most likely be the result of attrition and not layoffs.  AP spokesman Paul Colford confirmed the remarks and issued the following statement on behalf of the company:

"The Associated Press, like virtually every business in the world, is defining strategies in these complex and difficult financial times. All areas and ways of doing business are being reviewed. The AP, which recently instituted a strategic hiring freeze, may need to reduce staff over the next year. If so, it hopes to achieve much of the reduction through attrition."

The AP employs approximately 4,100 people worldwide. 

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