Gawker reported earlier today that one estimate had at least 80 jobs being cut, adding that its sources contend they have already started.Incompetence comes with a price.
. . .
Paul Colford, AP director of media relations, declined to comment to E&P on the layoff expectations. But he reiterated the news cooperative's announcement from last year that it planned to reduce payroll count by 10% by the end of 2009.
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Last summer, about 100 jobs were cut through voluntary buyouts that ended in July. AP currently has about 4,000 employees worldwide.
Tuesday, November 17, 2009
Associated Press Cutting 10% of Staff
Editor & Publisher reports: