September 24, 2011

Bangor Daily News to cut jobs

By From Press Herald staff reports
Staff Writers

The Bangor Daily News announced a reduction in staff Thursday. 

The company is offering voluntary buyouts for up to 30 employees, with the possibility of layoffs after that. 

Todd Benoit, director of news and new media, told MPBN Friday that it is unlikely 30 jobs will be lost because the company may replace some essential positions after employees take buyouts. 

The memo to Bangor Daily News staff said in part, "as our industry continues to change demanding new skills for our employees and new directions for newspapers, we must undertake a broad restructuring to help us become more productive and effective." 

The company also cited a loss in advertising, which has translated into a drop in revenue, as a reason for the job cuts. 

The deadline for the paper's employees to express interest in a buyout is Oct. 3.

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