Big Newspaper Publishers Cut Work Force 7% in 2011

While 2011 saw fewer announcements of layoffs and buyouts in the newspaper industry than previous years, attrition continued quietly and relentlessly, with the nation’s biggest newspaper publishers trimming their combined work forces by 7.2% over the course of the year. The total newspaper headcount fell from 55,537 at the end of 2010 to 51,564 at the end of 2011. Not coincidentally, all these publishers also faced continuing ad revenue declines. Read more here