More Layoffs At Lexington Herald Leader
Lexington, KY – In a written statement, paper publisher Tim Kelly calls the job cuts regrettable, but says they're just a part of company-wide reductions ordered by the Herald Leader's corporate owner, McClatchey Newspapers. Scott Sloan, the area chief steward of the Lexington Newspaper Guild, which represents some 75 Herald Leader employees, says emerging technology, especially free online content is largely to blame for print's apparent demise.
Sloan says last week guild members voted to accept a 5 percent salary reduction and if necessary, a one-week unpaid furlough. Herald Leader publisher Tim Kelly says he, and his executive staff will see 10 percent salary reductions.