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Charlotte Observer to cut 20 more jobs

Another tough day in the newspaper business.  The Charlotte Observer is cutting staff and the News & Observer is not replacing staff who have left the paper recently.  That means much less coverage of higher education.  Boo.  Hiss.

By Kirsten Valle
Posted: Wednesday, Sep. 22, 2010

The Charlotte Observer will eliminate 20 positions through a combination of buyouts, layoffs and frozen job openings, part of an effort to reduce costs in a sluggish economy, the company announced Wednesday.

The paper is also implementing weeklong furloughs in the fourth quarter for full-time staff.

Despite improving ad revenue in the first half of the year, the economy is recovering more slowly than expected, Publisher Ann Caulkins told employees.

Read more: http://www.charlotteobserver.com/2010/09/22/1710534/observer-to-cut-jobs-implement.html#ixzz10HRkLI8f


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