Layoffs announced at The Day newspaper in New London
NEW LONDON, Conn. (AP) — The publisher of The Day of New London says it is laying off some employees due to a decline in revenue and sharp increases in the cost of newsprint.
The Day Publishing Co. this week announced nine layoffs including four in The Day’s newsroom and others at the paper’s advertising department, its string of weeklies and a New London-based marketing agency.
The newspaper reports that employees are being asked to take five unpaid days off by the end of the year.
Company president and publisher Pat Richardson said the cost of newsprint jumped monthly during the first six months of the year and was up 26 percent over the same period the previous year. He said the company is taking steps to boost revenue.
The company employs more than 200 people.