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According to an article in the Wall Street Journal:
The Star-Ledger newspaper in New Jersey said about 40% of its newsroom staff will depart in a buyout wave, among the steepest cuts in the continued downsizing of the newspaper industry.
The Star-Ledger earlier this month said it had secured enough buyout offers and labor concessions to ward off a threatened sale or closure of the paper, the country’s 15th-largest by weekday circulation. Executives signaled they wanted about 200 people to depart, but the number of buyout requests was reported to exceed that number.
[Continue reading Star-Ledger Cuts]