Friday, November 18, 2011

More layoffs may be coming to MNG

Ouch! After a painful round of layoffs at the MediaNews Group papers in the Bay Area, more be on the way. At least that’s one way to read a New York Times profile of CEO John Paton. He came from the Journal Register Company, which has papers in Ohio, New Jersey and other states in that part of the country.

His strategy is “outsourcing most operations other than sales and editorial, focusing on the cost side that might include further layoffs, stressing digital sales over print sales with incentives, and using relationships with the community to provide some of the content in their newspapers.”

While print ads pay the bills at most newspapers, Paton “is absolutely convinced that if newspapers are to survive, they will all but have to set themselves on fire, eventually forsaking print and becoming digital news operations.”

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