|Published:||Sep 23, 2010 4:51 PM EDT|
|Updated:||Sep 23, 2010 1:51 PM EDT|
JACKSONVILLE, Fla. (AP) - The Florida Times-Union announced a 6 percent reduction in its workforce because of continued weak advertising revenue that is predicted to extend into next year.
The layoffs affect 26 employees, with four of them being reassigned to other positions within the company. Eight of the positions were in the newsroom, with one person considering a reassignment. The other 18 positions were in other departments.
The newspaper is owned by Augusta, Ga.-based Morris Publishing Group. It emerged from Chapter 11 bankruptcy reorganization in March and posted a net income of $2.6 million in the second quarter.
Morris operates 13 daily newspapers, and a number of non-daily newspapers, city magazines and free community publications.
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