- 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.