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ProJo sister paper lays off 38

 Providence Journal sister paper, the Dallas Morning News, has laid off 38 employees in the face of declining advertising revenue. Both papers are owned by Dallas-based A. H. Belo. From the Dallas Business Journal:

The Dallas Morning News laid off a reported 38 employees on Tuesday as the paper's parent company, A.H. Belo Corp., contends with a continued decline in advertising revenues at its newspapers.

The layoffs ran the spectrum of jobs at the Morning News, including editors, reporters, photographers and designers.

James M. Moroney III, executive vice president of A. H. Belo Corp. and publisher and CEO of the Morning News, said in an email that the company is battling a revenue problem that plagues the entire newspaper industry.

In his email, Moroney did not confirm how many employees were let go.

"No doubt you saw the newspaper industry's second quarter ad revenue numbers that were released last month. They represented the 20th quarter of consecutive down ad revenues for the newspaper industry," Moroney said.

In the second quarter of 2011, advertising revenues for A.H. Belo Corp.-owned newspapers including print and digital revenues, fell 9.3 percent for the Morning News, The Providence Journal, the Riverside, Calif., Press-Enterprise and the Denton Record Chronicle.

 

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