Houston Chronicle Cuts 127 Jobs
Sep. 06, 2001
HOUSTON (AP) _ The Houston Chronicle has cut 127 jobs, or 5 percent of its work force, as it contends with an industrywide downturn in advertising.
Jack Sweeney, the newspaper's publisher and president, said Wednesday that the newspaper arranged 80 voluntary buyouts, laid off 39 workers and eliminated eight contract positions.
Twenty-two of the laid-off employees worked part-time. Eight of the positions eliminated _ all by voluntary buyouts _ were in the newsroom, Sweeney said.
``In spite of having to go through a reduction in work force, we can and will continue to maintain the quality and completeness of our news product,'' he said.
The newspaper began cutting expenses earlier this year as advertising revenue began to ebb.
``Payroll expenses were reduced last,'' Sweeney said.
The Chronicle is a division of the Hearst Corp. and is the nation's seventh-largest metropolitan daily newspaper with a March circulation of 545,066. It also is the ninth-largest Sunday paper with a 737,626 circulation.