Seattle Times to cut around 200 jobs

Seattle Times Co has revealed that they are planning to cut around 200 jobs.

They are the latest news media company to confirm that they are struggling to compete in this internet age where most people tend to get their daily dose of news from the web.

These job cuts are part of the company’s plans to cut $15 million in budget spending.

Publisher Frank Blethen and President Carolyn Kelly wrote in an email sent to company workers: “We had hoped the expense reductions made at the beginning of the year would prevent the need for further downsizing, but that is not the case. This is not an action we take lightly — we recognize and regret that these decisions have a considerable impact on people’s lives.”

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