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Tuesday, December 23, 2008
Inside CL Cuts at CL and other alt-weeklies
Posted By Karen Shugart on Tue, Dec 23, 2008 at 6:01 PM
Last Friday, a day after Creative Loafing CEO Ben Eason staved off an attempt by lender Atalaya to take over the company, CL Charlotte laid off two valuable staffers: copy editor Natalie Howard and receptionist Caroline Baker. Some employees were asked to work fewer hours. Other CL papers laid off workers last week as well, including Tampa and Chicago.
Other N.C. alt-weeklies are cutting staff as well. The Independent Weekly of Durham recently laid off some folks, and the Asheville-based Mountain Xpress instituted across-the-board salary cuts. These are locally owned publications who haven't grappled with debt from company expansion (and subsequent Chapter 11 proceedings), but they too have been hit by declining revenue.
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