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Dec 5, 2008

Job cuts at Newsday

Newsday announced it will eliminate 100 jobs, or 5 percent of its work force. The publication also plans to raise newsstand prices for the weekday and Sunday editions. The moves are the result of deteriorating economic conditions.  
The cuts will include an "undetermined number" of photographers, reporters and researchers and three sports columnists in the Albany bureau. Employees who stay should expect a slight change in roles. 
According to sources, "most of the affected workers would be offered a buyout package and have two weeks or so to decide whether to accept it." Newsday hopes to have completed the cuts by the end of 2008.  
Budget reductions have also impacted freelance work, travel, entertainment and supplies. 
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