Buyouts looming at Dallas Morning News
Saturday, June 24th, 2006From The Dallas Business Journal (via Romenesko):
The Dallas Morning News plans to offer buyouts to 50 or more employees as it restructures its news operation to focus more heavily on the Internet, sources familiar with the newspaper’s plans said.
At least one source familiar with the newspaper’s plans said the potential employee reductions likely will be much higher than 50.
Dallas-based Belo Corp. (NYSE: BLC) began transforming its operations to be more multimedia oriented earlier this month with some 60 layoffs at The Press-Enterprise in Riverside Calif. Nearly all departments there faced reductions in a restructuring plan that includes an increased emphasis on breaking news and information via the Press-Enterprise’s Web site, pe.com.
Belo officials were not immediately available for comment.
Tags: newspaper, media, belo, dallas, morning, news, layoffs, buyouts


