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The St. Paul Pioneer Press will cut the equivalent of 40 full-time positions, or about 5 percent of the staff, through buyouts, layoffs and job eliminations.
Advertising revenue at the St. Paul Pioneer Press is down, leading to a decision from publisher Par Ridder to make cuts, about 20 of which will come in the 205-person newsroom, according to Editor & Publisher.
The paper’s circulation is up, bucking national trends, but its ad revenue is down, thanks in part to advertisers such as carmakers and cell phone companies cutting down on newspaper ads.
The Pioneer Press has faced a year of changes. Earlier this year, Knight Ridder sold the paper to Hearst Corp. MediaNews Group Inc. manages the paper and plans to acquire it when a financing deal is finished, according to the article.
Ridder says the decision to cut jobs was made locally.
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