McLEAN, Virginia -- Ken Paulson, editor of the nation's largest newspaper, told staff in a memo Sunday evening that USA Today plans to cut about 20 newsroom jobs early next month.USA Today is owned by WKYC parent company Gannett.
That's almost a 5 percent cut from a newsroom that employs about 450.
The newspaper cut about 45 newsroom jobs last November, and other papers owned by its parent, McLean, Va.-based Gannett Co., endured two rounds of layoffs this year, in August and October.
The newspaper industry is struggling, not just because of the weak economy but also from a years-long decline in circulation and the migration of advertising dollars to the Internet.
Gannett stock closed at $7.29 on Monday, up 15.35%
Source: The Asssociated Press
