Earlier this week we ran a story about employee buyouts at The Kansas City Star and The Wichita Eagle, Kansass two biggest newspapers owned by the McClatchy Co., who is wanting to trim staff by 10 percent, or 450 people, among the 30 newspapers it owns across the country.
This is on top of 1,000 pink slips recently delivered to employees at the news organizations of Gannett, Yahoo, BuzzFeed, HuffPost and AOL.
Its true, newspapers in both print and digital form are having to reinvent themselves in the wake of major advertisers concentrating only on Facebook and Google, who currently capture 80 percent of the digital ad market.
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