17% of Miami Herald’s staff will be laid off. Publisher David Landsberg said in a memo to staffers today the cuts are taking place at all levels of the company. The layoffs include 190 full-time and part-time employees along with the elimination of other open positions. Some will be laid off while other employees will have an option for severance packages:
Although many of these job eliminations will occur through involuntary layoffs, there also will be opportunities for employees to voluntarily elect a severance package where reductions are occurring in workgroups of two or more employees. If enough employees do not take the voluntary option, then the workgroups will be reduced to least tenure.
The McClatchy Company which owns The Miami Herald is laying off about 1400 people at all newspapers it owns in a bid to save money. Altogether the company estimates the savings will be about $70 million a year.
In April of this year the Miami Herald reported their circulation dropped 11.7% to 240,223 copies