Entering text into the input field will update the search result below

McClatchy cutting 1% of headcount - report

Oct. 22, 2019 12:44 PM ETThe McClatchy Company (MNIQQ) StockMNIQQBy: Jason Aycock, SA News Editor
  • Newspaper publisher McClatchy (NYSEMKT:MNI) is cutting about 1% of nationwide staff, according to a memo seen by the Sacramento Business Journal.
  • The company will shed about 30 positions as it consolidates some editing and management regionally. No reporting positions will be impacted, McClatchy CEO Craig Forman says.
  • “I want to emphasize that while we move to more shared editing in our regions and along topic areas, every newsroom no matter the size will continue to be led by a strong assignment editor,” Forman writes.

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
MNIQQ--
The McClatchy Company