After the Sun-Times Media Group released its third-quarter results, over 30 staff members were told that their jobs were being cut. Sun-Times Media plans to combine the Daily Southtown and biweekly Star publications in order to save about $3 million a year.
“The newspaper advertising market in Chicago continued to be very tough,” Chief Executive Cyrus Freidheim told the analysts. “We are simply not where we wanted to be in the third quarter.”
0 Responses to “31 jobs cut by Sun-Times Media Group”