More buyouts at The N&O | News
News
INDY Week's news blog

Archives | RSS

Wednesday, September 3, 2008

More buyouts at The N&O

Posted by on Wed, Sep 3, 2008 at 12:41 PM

Grab your parachute while you can. The News & Observer today announced it would offer buyouts to 320 employees -- roughly 40 percent of its workers -- including every full timer in the newsroom. More cuts to the paper itself are also on the horizon.

Today's announcement confirms a report in the Indy last week that What's Up, the weekly entertainment tab, would cease publication, with its content folded into the Friday features section. The N&O's story also alludes to its parent company's sale of real estate holdings -- the Indy also recently reported that the company's Chapel Hill headquarters on Franklin Street is up for sale.

The only people celebrating this news are influence-peddling politicians and incompetent bureaucrats The N&O has been doggedly reporting on all year.

Tags: ,

Pin It

Comments

Subscribe to this thread:

Add a comment

INDY Week publishes all kinds of comments, but we don't publish everything.

  • Comments that are not contributing to the conversation will be removed.
  • Comments that include ad hominem attacks will also be removed.
  • Please do not copy and paste the full text of a press release.

Permitted HTML:
  • To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
  • To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
  • To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
  • Proper web addresses will automatically become links.

Latest in News



Twitter Activity

Comments

It would have better served the community to televise the debate on one of the local news channels. Many of …

by K. K. on Raleigh Mayoral Rivals Nancy McFarlane, Charles Francis to Tape Debate That Will Air Friday and Sunday (News)

According to this reporting, Mayor Bell seems to be endorsing Ali primarily to keep Steve Schewel on the Council because …

by Linda Belans on Bill Bell Endorses Farad Ali for Mayor of Durham (News)

Most Recent Comments

It would have better served the community to televise the debate on one of the local news channels. Many of …

by K. K. on Raleigh Mayoral Rivals Nancy McFarlane, Charles Francis to Tape Debate That Will Air Friday and Sunday (News)

According to this reporting, Mayor Bell seems to be endorsing Ali primarily to keep Steve Schewel on the Council because …

by Linda Belans on Bill Bell Endorses Farad Ali for Mayor of Durham (News)

So I guess the only question open in this election is:
Who, if anyone, does Pierce Freelon endorse?
(As …

by JoeJoey on Bill Bell Endorses Farad Ali for Mayor of Durham (News)

Yes, I really hope this is put on YouTube or something. It would maximize voter reach, especially as there are …

by JohnnyDollar on Raleigh Mayoral Rivals Nancy McFarlane, Charles Francis to Tape Debate That Will Air Friday and Sunday (News)

We are lucky to have had such a primary field of bright, excellent, visionary candidates for Mayor of Durham, and …

by Sam M-B on Bill Bell Endorses Farad Ali for Mayor of Durham (News)

© 2017 Indy Week • 320 E. Chapel Hill St., Suite 200, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation