Philadelphia Media Network to cut 37 jobs from the News Room

PMN, the parent company of The Inquirer, the Philadelphia Daily News, and Philly.com said it would reduce the number of newsroom positions by 37 – through buyouts, it hopes – by the end of March.

On Wednesday afternoon, management of Philadelphia Media Network Inc. (PMN) told Newspaper Guild Local 10, which represents editorial, advertising, and circulation employees, that it needed to cut costs because of challenging industry conditions.

The move was not unexpected since PMN had announced plans last fall to create one newsroom for all its media properties as part of the relocation of its offices this summer.

PMN will offer voluntary buyout packages to full-time reporters, editors, artists, photographers, and other employees, who will have until Feb. 29 to decide. Based on response to the voluntary program, the company might then resort to layoffs of Guild members to reach its goal of eliminating 37 positions by March 31.

From: Philly.com