No time for comment but I thought some of you would be interested in this Editor & Publisher article:
Newark 'Star-Ledger' Offers New Round of Buyouts
While the Garden State's largest daily is not revealing how many buyouts are being sought, Publisher Richard Vezza wrote in a letter to employees that based on its performance over the first seven months of the year, the paper is projected to lose $10 million in 2010.
The Star-Ledger is part of the Advance Publications network, sometimes called Newhouse newspapers.
September 7, 2010
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Hearing some rumblings about more Advance layoffs in next month (March, 2011) ... anyone else?
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