More problems ahead for one of New Jersey's largest newspapers - the Newark Star-Ledger. The Star-Ledger, New Jersey’s largest newspaper, will cut its newsroom staff about 40 percent by year’s end, one of the largest reductions in a single move by a major American paper. The paper will give buyouts to about 150 news employees who requested them, managers told employees on Friday, after years in which the paper resisted the broad newsroom cuts that have been become commonplace across a troubled industry. Advance Publications, owner of The Star-Ledger, has said the paper was on track to lose about $40 million this year as print advertising declines sharply.
Advance said in August that it needed at least 200 of the paper’s roughly 750 nonunion employees from many departments to leave through a voluntary buyout offer. Otherwise, it would sell the paper, the company said, and any new owner would probably resort to layoffs rather than buyouts.
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